Which of the following an incorrect statement about the net personal wealth of different segments of the U.S. population?
A) The bottom 50 percent of Americans had almost no net personal wealth between 1980 and 2014.
B) The middle 40 percent of Americans never had more than 40 percent of U.S. net personal wealth between 1980 and 2014.
C) The top 10 percent of Americans always held more than 60 percent of U.S. net personal wealth between 1980 and 2014.
D) The top 1 percent of Americans never held less than 40 percent of U.S. net personal wealth between 1980 and 2014.
Correct Answer:
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