Demographic changes include variations in income distribution. Which of the following statements is true?

Question

Quizplus · Accepted Answer

While the general trend has been a loss in real income, the increase in dual-career couples has somewhat offset this by increasing household income. Firms are not necessarily only interested in the top ten percent of households, and workforce diversity may make the concept of average income less meaningful, but these statements are not directly related to income distribution. The statement about consumers' real income increasing steadily since 1976 is not accurate, as real income has fluctuated over time.

Demographic Changes Include Variations in Income Distribution