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According to the Application,living Standards Have NOT Become More Unequal

Question 207

Multiple Choice

According to the application,living standards have NOT become more unequal because:

A) the prices of goods and services that low income groups have paid have risen slower than the prices of goods and services that high income groups have paid.
B) the prices of goods and services that low income groups have paid have risen faster than the prices of goods and services that high income groups have paid.
C) the prices of goods and services that low income groups have paid have been dropping while the prices of goods and services that high income groups have not.
D) the prices of goods and services that low income groups have paid have risen while the prices of goods and services that high income groups have not.

Correct Answer: