Question 2 1 pts Suppose now that the function linking child percentile rank to parental percentile is given by Pchild_W = 35 +0.35 Pparent_W for white children and by Pchild B = 25 +0.35 Pparent B for Black children. What is the approximate gap in percentiles in the long-run (the "steady-state" gap)? O 10.0 33.3 O 22.6 O 15.3 Question 3 1 pts Suppose now that the function linking child percentile rank to parental percentile is given by Pchild_W = 35 +0.35 Pparent_W for white children and by Pchild_A = 50 +0.2 Pparent_A for Asian children. The following are true (select all that apply): There will be no steady-state gap between Asian and white children There will be a steady-state gap between Asian and white children and the position of Asian children will be higher than the position of white children. The gap between rich and poor Asian children will shrink faster than the gap between rich and poor white children The gap between rich and poor Asian children will shrink slower than the gap between rich and poor white children Question 4 1 pts What did Raj Chetty estimate about the Black-White gap (measured as average White minus average Black percentile rank position in the income distribution)? The Black-White gap in average rank for children with parents at the 25th percentile is about 33 percentiles for boys. The Black-White gap in average rank for children with parents at the 25th percentile is about - 5 percentiles for boys. The Black-White gap in average rank for children with parents at the 25th percentile is about 24 percentiles for boys. The Black-White gap in average rank for children with parents at the 25th percentile is about 10 percentiles for boys. Question 5 1 pts What did Raj Chetty estimate about the Black-White gap (measured as average White minus average Black percentile rank position in the income distribution)? The Black-White gap in average rank for children with parents at the 25th percentile is about -15 percentiles for girls The Black-White gap in average rank for children with parents at the 25th percentile is about 22 percentiles for girls The Black-White gap in average rank for children with parents at 25th percentile is about 10 percentiles for girls The Black-White gap in average rank for children with parents at the 25th percentile is about -2 percentiles for girls Question 6 1 pts What did Raj Chetty estimate about the Black-White gap (measured as average White minus average Black percentile rank position in the income distribution) when we compare children whose parents have equal wealth? That is, we control for the fact the Black parents have lower wealth on average to see whether that is what is driving the Gap. The Black-White gap in average rank for boys with parents at the 25th percentile is almost completely eliminated. The Black-White gap in average rank for boys with parents at the 25th percentile shrinks by more than 5 percentile points. The Black-White gap in average rank for boys with parents at the 25th percentile grows by more than 2 percentile points. The Black-White gap in average rank for boys with parents at the 25th percentile shrinks by about 2 percentile points. Question 7 1 pts What did Raj Chetty estimate about the Black-White gap (measured as average White minus average Black percentile rank position in the income distribution) when we compare children who grew up in the same Census tract? The Black-White gap in average rank for boys with parents at the 25th percentile is almost completely eliminated. The Black-White gap in average rank for boys with parents at the 25th percentile grows by more than 2 percentile points. The Black-White gap in average rank for boys with parents at the 25th percentile shrinks by more than 5 percentile points. The Black-White gap in average rank for boys with parents at the 25th percentile shrinks by about 2 percentile points. Question 8 1 pts Raj Chetty found that the earnings of Black boys are lower than the earnings of white boys in 99% of all Census tracts in the US controlling for parental income O 40% of jobs in the Midwest conditional on education level 50% of jobs in the entire US controlling for parental income the South of the US but higher in the North of the US controlling for parental income Question 9 1 pts Ray Chetty estimates that the incarceration rate for children with parents at the 25th percentile of the income distribution Is about 5 percentage points higher for white boys than for Black boys. Is about 15 percentage points higher for Black boys than for white boys. Is about 8 percentage points higher for Black boys than for white boys. Is about 5 percentage points higher for Black girls than for white girls. Question 10 1 pts What did Raj Chetty estimate to be true about low-poverty neighborhoods? Only girls, not boys, do better in low-poverty neighborhoods and the Black-White Gap remains unchanged for boys. Only white boys do better in low-poverty neighborhoods and the Black-White Gap remains unchanged. All boys do better in low-poverty neighborhoods but the Black-White Gap increases as fewer people fall below the poverty line. All boys do better in low-poverty neighborhoods and the Black-White Gap falls as fewer people fall below the poverty line