Which statement best describes the data in the table?
A) Between 1980 and 2015, the highest 20 percent of households gained a larger share of total income at the expense of the lowest 80 percent.
B) Between 1980 and 2015, the lowest and the highest quintiles gained larger shares of total income at the expense of the three middle quintiles.
C) Between 1980 and 2015, the lowest 40 percent of households gained a larger share of total income at the expense of the highest 40 percent.
D) Between 1980 and 2015, each quintile gained a larger share of total income because the level of total income increased greatly.
Correct Answer:
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