Table 20-4
Source: U.S. Bureau of Census
-Refer to Table 20-4.Comparing data from 2000 and 2007,which of the following statements is correct?
A) There has been no change in overall income inequality because the share of income held by the fourth fifth is identical.
B) Overall income inequality has worsened slightly, as shown by the simultaneous increase in the share of income held by the top fifth and the decrease in the share of income held by the bottom fifth.
C) Overall income inequality has improved because the share held by the middle fifth has declined by almost 1%.
D) None of the above is correct.
Correct Answer:
Verified
Q65: Table 20-8 Q69: In 2008,the poverty rate in the United Q71: Table 20-5 Q72: The current measure of poverty,roughly three times Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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