In 1970,the Typical U

Multiple Choice

In 1970,the typical U.S.household earned about $8,700.In 2011,the typical U.S.household earned about $50,054.If adjusted for inflation,the gross income of the typical U.S.household in 2011 relative to 1970 has __________.

A) increased dramatically
B) increased somewhat
C) remained relatively stable
D) decreased somewhat
E) decreased dramatically