Which of the following is TRUE regarding income patterns in America?
A) The income of the average American family exceeds $100,000.
B) The top fifth of Americans in terms of income get nearly 90 percent of the total income in the nation.
C) The bottom fifth of Americans get less than a twentieth of total national income.
D) The United States has the lowest amount of income inequality of any industrialized democracy.
E) None of these answers is correct.
Correct Answer:
Verified
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