Which of these is NOT one of the characteristics of the American standard of living?
A) The proportion of American families living in poverty has increased significantly since 1980.
B) Income inequality is high in the United States when compared to other Western democratic nations.
C) Inequality in income and wealth is high in the United States and is becoming more pronounced.
D) Wealth is more evenly distributed among Americans than is income.
E) The United States enjoys one of the highest standards of living in the world.
Correct Answer:
Verified
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