Multiple Choice
The following diagram shows the movement of U.S. households among three income groups - affluent, middle class, and poor - over the 11-year period 1982-1993. Assuming that the trend shown was to continue, what percent of households classified as affluent in 1982 were predicted to become poor in 2004 (Give your answer to the nearest .) According to the model, what percentage of all U.S. households will be in each income bracket in the long term (Give your answer to the nearest percent.) , , ,
A) 0.3% of households classified as affluent in 1982 were predicted to become poor in 2004. In the long term: Affluent: 22.7%; Middle class: 36.3%; Poor: 41.1%
B) 0% of households classified as affluent in 1982 were predicted to become poor in 2004.
In the long term: Affluent: 26.5%; Middle class: 8.1%; Poor: 65.4%
C) 0% of households classified as affluent in 1982 were predicted to become poor in 2004.
In the long term: Affluent: 18.9%; Middle class: 64.4%; Poor: 16.7%
D) 0.3% of households classified as affluent in 1982 were predicted to become poor in 2004.
In the long term: Affluent: 26.5%; Middle class: 8.1% ; Poor: 65.4%
E) 2.1% of households classified as affluent in 1982 were predicted to become poor in 2004.
In the long term: Affluent: 26.5%; Middle class: 8.1%; Poor: 65.4%
Correct Answer:

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Correct Answer:
Verified
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