Exam 21: Is Useconomic Leadership Threatened

The gains made against poverty by President Lyndon Johnson's "War on Poverty" were largely reversed by:

In the U.S.the percentage of the population that directly encounters poverty is exceedingly high.

Piketty's analysis concludes that unequal ownership of capital, rather than unequal pay, is responsible for notably high levels of inequality in the decades since the 1980s.

In some respects, the U.S.has fallen behind other nations.

It is urgent that the U.S.improve in certain economic arenas.

In recent decades, other countries have:

Before the Industrial Revolution, per capita income in the U.S.was about:

The U.S.debt problem is caused by the government only; individuals don't go into debt.

According to Piketty, economic history is the story of a race between:

In the last decade, spending on education has been slowing.

The continued position of the United States as the world's economic leader is:

Explain what protections and rules are in place for entrepreneurs, which encourages them to innovate.

Productivity levels in rich countries are:

Compare the U.S.health care system to that of other countries.Are we getting superior health care for the money we spend?

Americans will benefit if China has enough purchasing power to enable its people to buy American products.

If a poor country can "catch up" to a rich country, its productivity rises more rapidly than the productivity of the rich country.

One benefit of U.S.society that encouraged entrepreneurship was the inflow of capable immigrants.

As a share of GDP, U.S.spending on education is:

From 2012-2013, which of the following countries increased its expenditures by more than 10%?

Compared to OECD countries, in the U.S.