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Which of the Following Statements About the Distribution of Wealth

Question 53

Multiple Choice

Which of the following statements about the distribution of wealth in America is TRUE?


A) Many of the poor are slowly gaining ground,relatively speaking,to higher-income groups.
B) All groups are increasing their wealth,with the poor increasing at a slightly lower rate.
C) Many of the poor are losing ground to the higher-income groups in absolute terms.
D) All groups are increasing their wealth,with the poor increasing at a slightly higher rate.
E) The middle class (the middle quintile of the population) is increasing its share of the national income,while the top and bottom quintiles are losing their share of national income.

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