In the United States, the dramatic increase in government social spending since the mid-1960s has
A) made incomes less equally distributed
B) made incomes equally distributed
C) not greatly increased the money income share of the poorest fraction of the population
D) greatly increased the money income share of the richest fraction of the population
E) decreased the percentage of families in the lowest fifth
Correct Answer:
Verified
Q7: Exhibit 18-1 Q8: Census data on the income distribution among Q9: One of the main tools used by Q10: Exhibit 18-1 Q11: Taxes and in-kind transfers make the distribution Q13: The most recent data indicates households in Q14: In a market economy, household income is Q15: In the United States, most income comes Q16: In a market economy, income depends mostly Q17: In the United States, most income comes![]()
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