When measuring income distribution in the United States,the income share of the top fifth of all families is
A) over 50 percent.
B) more than 10 times the income of the bottom fifth.
C) around 25 percent.
D) not much different from the income of the top 5 percent.
Correct Answer:
Verified
Q1: The government enacts policies to
A)make the distribution
Q2: In 2003,what percentage of U.S.families had income
Q3: Based on data from 2003,approximately what percent
Q6: Why is it difficult to compare household
Q7: When the government redistributes income to achieve
Q8: When a government enacts policies that redistribute
Q10: A government's policy of redistributing income makes
Q11: Income inequality in an economy is traditionally
Q20: Economists study poverty and income inequality in
Q393: Government programs that take money from high-income
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents