Studies of income changes in the United States over time reveal that there is almost no income mobility among quintiles of the distribution of income.

Question

Quizplus · Accepted Answer

Studies have shown that there is some degree of income mobility in the United States, with individuals and households moving up and down the income distribution over time. While there may not be perfect equality of opportunity, there is evidence of some upward mobility for individuals from lower-income backgrounds.

Studies of Income Changes in the United States Over Time