In the 1950s, the average thirty-year-old male worker could carry a mortgage on a medium-priced home for 14 percent of his gross earnings. Thirty years later, it took __________ percent of his earnings to do so.

Question

Quizplus · Accepted Answer

According to the information given, in the 1980s, it took 44 percent of a thirty-year-old male worker's gross earnings to carry a mortgage on a medium-priced home.

In the 1950s, the Average Thirty-Year-Old Male Worker Could Carry