Quick Headline Quiz

The Federal Reserve reported today:

  • The median US family income (before-tax, inflation-adjusted) rose 1.6 percent between 2001 and 2004.

  • The mean family income in the US fell 2.3 percent between 2001 and 2004.

Quiz: which headline appears on the story written by Martin Crutsinger, AP Economics Writer?

  1. "Median American Family Income Increases"

  2. "Average American Family Income Declines"

Answer here. Try to contain your surprise.

Last Modified 2006-03-02 3:54 PM EST