Table 20-8
Source: U.S. Bureau of Census
-Refer to Table 20-8.Comparing data from 2000 and 2008,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 middle fifth is identical.
B) Overall income inequality has worsened slightly, as shown by the simultaneous increase 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
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A)Many
