Which of the following would be evidence of an increase in income inequality over time in the United States?
A) an increase in the percentage of total household income received by the lowest quintile
B) an increase in the percentage of total household income received by the highest quintile
C) an increase in the percentage of total household income received by the four lowest quintiles
D) a decrease in the percentage of total household income received by the highest quintile
Correct Answer:
Verified
Q243: A reduction in the redistribution of income
A)lowers
Q244: Which of the following is not one
Q245: Suppose the total income of an economy
Q246: Which of the following would be considered
Q247: Since 1980, the distribution of household income
Q249: Reasons for the growing income inequality in
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