Since 1970, the share of income going to the richest fifth of the population in the U.S.has

Name: Since 1970, the share of income going to the richest fifth of the population in the U.S.has
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

According to numerous studies and data, the share of income going to the richest fifth of the population in the U.S. has grown since 1970. Income inequality has increased as the income share of the top 1% has more than doubled, while the income of the middle and bottom income groups has grown relatively slowly.

Since 1970, the Share of Income Going to the Richest