Which of the following statements about income distribution in the United States is true?
A) There is very little movement of individuals between the different income quintiles.
B) The degree of income inequality would be less if fewer families split apart.
C) A family of four with $30,000 in income is considered to have lower income than a family of two with $25,000 in income.
D) Income generally increases throughout an individual's lifetime.
E) The distribution of wealth is more equal than the distribution of income.
Correct Answer:
Verified
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