Median household income in the United States has increased from $38,771 in 1967 to $50,054 in 2011. Based only on this fact, we can conclude that:
A) Inequality is increasing in the United States.
B) Inequality is decreasing in the United States.
C) Inequality is not changing in the United States.
D) We cannot conclude anything about inequality in the United States without more information.
Correct Answer:
Verified
Q265: When China embarked on market changes towards
Q266: Income redistribution
A) creates an income distribution that
Q275: Q281: The Lithuanian tax rate for all citizens' Q286: Netflix, an online DVD rental service, was Q289: "If the distribution of income was equal, Q290: According to the 2007/2008 United Nations Human![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents