Over the past two decades, which statement best describes the income distribution of U.S. citizens?
A) Income has become more equitably distributed.
B) Income has become more concentrated in the hands of fewer wealthy individuals.
C) Income quintiles have declined.
D) The Gini coefficient has declined.

Question

Quizplus · Accepted Answer

Over the past two decades, income has become more concentrated in the hands of fewer wealthy individuals. The top 1% of income earners in the United States have seen their share of national income nearly double since the 1980s, while the bottom 50% have seen their share of national income decline. This trend has led to growing income inequality in the United States.

Over the Past Two Decades, Which Statement Best Describes the Income