Which of the following does not accurately describe changes in the US economy in the late 80s and the 90s?
  1. The importance of manufacturing declined.
  2. The US enjoyed its lowest poverty rate in 100 years.
  3. The number of multiple-income families increased.
  4. The degree of wealth inequality increased.
Explanation
Answer: B - The US did not experience its lowest poverty rate in 100 years. The late 80s and the 90s were a time when most families had to supplement their income with extra jobs to maintain their standards of living.
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