1. The intergenerational income elasticity (IGE) is higher in the US than in other Western industrialized countries, indicating lower relative intergenerational mobility. True or false.

2. Based on analysis by Chetty et al. (2014), both relative mobility and absolute mobility at the 25th percentile of parental earnings are higher in the Southeast, relative to other regions of the country. True or false.

3. The threshold for the official US measure poverty measure (OPM) was originally constructed by calculating the value of a low cost food plan and multiplying it by A multiplier of 3 was used because the consumer expenditure surveys that were available at the time indicated that families of size 3 and 4 spent about 1/3 of their income on food. True or false.

4. According to Neal and Johnson (1996) a sizable fraction of the difference in mean AFQT scores between black and white males can be accounted for by differences environmental factors. True or false.

5. In the past 45 years the "historical" SPM poverty rate has fallen less than the official poverty rate. True or false.

6. According to work by Johnson (2006) the unemployment durations of racial minorities are less sensitive to proximate labor market opportunities than the unemployment durations of whites. True or false.

7. In general, research on the effects of family income on child outcomes suggest that the timing of income matters in that income in early-childhood is more important than income in adolescence. True or false.

8. If both the share of the minority population and discriminating firms are low, it is likely that there would be no observable wage effects of labor market discrimination against minorities. True or false.

9. The EITC has historically enjoyed support from Democrats, but not Republicans. True or false.

10. The EITC is currently the largest means-tested cash transfer program for the able-bodied in the US. True or false.

11. Many states were experimenting with welfare reform prior the Personal Responsibility and Work Opportunities Reconciliation Act (PRWORA) of 1996. True or false.

12. An evaluation of the Perry Preschool Program showed increases in cognitive ability among students that were assigned to the treatment group, but these cognitive gains faded away over time. True or false.

13. TANF caseloads did not rise much during the Great Recession. True or false.

14. Fryer and Torelli (2011) find evidence that high achieving (as measured by GPA) white students are less popular with their peers than lower achieving white students. True or false.

15. Out-of-pocket medical expenditures do not directly affect a family's poverty status under the OPM. 2 True or false.