Much attention is being paid to the issue of rising income inequality.A serious aspect of this issue,especially in the United States and the United Kingdom ,is that even though average per capita income has been growing,
A) a larger proportion of households fall below the poverty line.
B) high-income earners are paying much higher rates of income tax.
C) the vast majority of the economy's total income growth has accrued to the highest income earners.
D) low- and middle-class households are not earning enough income to pay income tax.
E) incomes in these countries are not growing as fast as in other OECD countries.
Correct Answer:
Verified
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