Table 20-7

-Refer to Table 20-7.Which of the following is the best overall conclusion to draw from the data?
A) The most alarming statistic is the lowering of the top income level that defines the bottom fifth of the income distribution because this indicates that the income distribution is becoming more unequal.
B) The greatest cause for concern is the increase in the minimum income level that defines the top fifth of the income distribution because this indicates that the rich have become richer.
C) The income distribution is has been relatively unchanged from 1998 to 2008.
D) Both a) and b) are correct.
Correct Answer:
Verified
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Q58: Table 20-4 Q60: When we examine historical data on income
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