A high correlation between a parent's income and a child's income means that

• A.There is low geographical mobility
• B.Intergenerational mobility equals geographic mobility
• C.There is high intergenerational mobility
• D.There is low intergenerational mobility

Moving from the bottom of the income distribution as a kid to the top of the income distribution as an adult

• A.Is twice as likely to happen in Canada compared to the U.S.
• B.Is most likely to happen in the U.S. (i.e the "American Dream")
• C.Never happens regardless of the country.
• D.Is equally likely in Canada and the U.S.

Over the last eighty years, earning more than your parents (after accounting for inflation) has:

• A.Raj Chetty doesn't study this.
• B.Become more common.
• C.Become less common.
• D.Remained relatively constant.