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Which of the Following Statements About Wealth in the United

Question 34

Multiple Choice

Which of the following statements about wealth in the United States is FALSE?


A) The top 1 percent of the wealth-holders currently possess about 30 percent of all American wealth.
B) The wealth of the richest 1 percent exceeds the wealth of the bottom 90 percent.
C) There are now over two million millionaires in the world,most in the United States.
D) Between 1979 and 1995,the poorest one-fifth of the population saw their real incomes increase,while the richest one-fifth of the population saw their real incomes decrease.
E) Since the 1980s,the rich have gotten richer and the poor have gotten poorer.

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