By 2010, after taking inflation into account, the median income in the U.S. declined by 7 percent in the previous decade.

Name: By 2010, after taking inflation into account, the median income in the U.S. declined by 7 percent in the previous decade.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

According to the U.S. Census Bureau, the median household income in 2000 was $56,087, while in 2010 it was $49,445 in 2010 dollars, representing a decrease of about 12 percent. This decline is even steeper when adjusted for inflation.

By 2010, After Taking Inflation into Account, the Median Income