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Surveys indicate money-related stress is decreasing in the U.S.. True or False ?

User Daulat
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Final answer:

The claim that money-related stress is decreasing in the U.S. is false. Surveys show that stress, especially concerning economic factors, has increased, and financial disparities have influenced feelings of poverty among Americans.

Step-by-step explanation:

The statement that money-related stress is decreasing in the U.S. is false based on the provided information. Relevant surveys, specifically the ones mentioned by Cohen & Janicki-Deverts from 2012, indicate that stress, particularly related to economic factors such as unemployment, education, and income, has actually increased over certain periods, particularly around the economic downturn of 2008-2009. In recent years, financial disparities and the impact of economic policies like Reaganomics have amplified feelings of poverty among average Americans, affecting their overall well-being and stress levels

. Additionally, despite a certain percentage of citizens believing their personal financial situation to be excellent or good, broader economic conditions reflect a different scenario influencing public perception about the economy.The surveys indicate that money-related stress is increasing in the U.S., not decreasing. According to Figure 14.5, nearly half of U.S. adults indicated that their stress levels have increased over the last five years.Additionally, Figure 14.6 shows that from 2006 to 2009, there was a significant increase in stress levels among various groups, including men, college graduates, and those with full-time employment. The economic downturn during that time may have contributed to this increase in stress.Therefore, the statement that money-related stress is decreasing in the U.S. is False.

User Samrat Mazumdar
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