Approximately 71% of all income generated in the United States goes to corporate profit.True

Name: Approximately 71% of all income generated in the United States goes to corporate profit.True
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Question

Quizplus · Accepted Answer

While corporate profits are a significant portion of the US economy, they do not account for 71% of all income generated. In fact, according to data from the Bureau of Economic Analysis, corporate profits accounted for approximately 7.6% of total US national income in 2020.

Approximately 71% of All Income Generated in the United States