Understanding the Middle-Class Squeeze

What was the percentage increase in home ownership in the US during the 15-year period after World War II?

• From 60% to 80%

• From 50% to 70%

• From 40% to 60%

• From 30% to 50%

According to Alyssa Court, what income range defines the middle class in places like San Francisco or New York?

• $65,000 to $85,000

• $50,000 to $100,000

• Closer to six figures

• $30,000 to $50,000

What was the home price-to-income ratio in the US in 2023?

• 7.51

• 6.81

• 5.1

• 3.6

How much more expensive are homes today in terms of square footage compared to the 1970s?

• 41.66% more expensive

• 31.66% more expensive

• 51.66% more expensive

• 21.66% more expensive

By how much has the average cost of tuition increased from 1971 to 2023?

• 1.5 times higher

• 2 times higher

• 2.5 times higher

• 3 times higher

What percentage of student loan borrowers owe over $100,000?

• 12%

• 5%

• 7%

• 10%

What was the average car price as a percentage of annual salary in 1960?

• 36%

• 46%

• 56%

• 66%

What is the current minimum wage in the US as of the video's publication?

• $8.25 per hour

• $7.25 per hour

• $9.25 per hour

• $10.25 per hour

What is one suggested strategy for increasing income according to the video?

• Investing in real estate

• Switching jobs frequently

• Cutting down on expenses

• Starting a side business

What is the maximum annual contribution to a Roth IRA as of 2024?

• $7,000

• $6,000

• $5,000

• $8,000