Which of the following mostly likely happened to the Joneses if they were in the top 1 percent of earners in 2009?
A) They saw a decrease in income.
B) They saw a large tax increase.
C) They saw little or no decline in net worth.
D) None of the above answers is correct.

Question

Quizplus · Accepted Answer

In 2009, during the aftermath of the financial crisis, the top 1 percent of earners were more likely to maintain their net worth compared to lower-income groups, who were more severely affected by the economic downturn.

Which of the Following Mostly Likely Happened to the Joneses