What is a contributing reason for why fewer than 50% of US households were considered middle class in 2015? O Manufacturing jobs have declined due to outsourcing to other countries. O The job market for manufacturing and public sector jobs have increased. O More companies are "onshoring" and using US produced products. O The job market for advanced degrees has decreased.
What is a contributing reason for why fewer than 50% of US households were considered middle class in 2015? O Manufacturing jobs have declined due to outsourcing to other countries. O The job market for manufacturing and public sector jobs have increased. O More companies are "onshoring" and using US produced products. O The job market for advanced degrees has decreased.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
Problem 4CQQ
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![What is a contributing reason for why fewer than 50% of US
households were considered middle class in 2015?
O Manufacturing jobs have declined due to outsourcing to other
countries.
The job market for manufacturing and public sector jobs have
increased.
More companies are "onshoring" and using US produced products.
O The job market for advanced degrees has decreased.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd9221f51-e70a-4204-bf16-2caf429baa6d%2F200f9fb7-9e89-48cc-8a41-fc3fa84ffd2c%2Fjxun9gk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What is a contributing reason for why fewer than 50% of US
households were considered middle class in 2015?
O Manufacturing jobs have declined due to outsourcing to other
countries.
The job market for manufacturing and public sector jobs have
increased.
More companies are "onshoring" and using US produced products.
O The job market for advanced degrees has decreased.
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