
Which of the following statements about income distribution in the United States is NOT true?
A) Over the past several decades, the rich have grown richer.
B) Over the past several decades, the middle class has grown faster than other classes.
C) Over the past several decades, the poor have remained poor.
D) The top 20 percent of earners capture over 50 percent of all income.
E) The top five percent of American earners get nearly 22 percent of the country's adjusted gross income.
Correct Answer:
Verified
Q64: Which of the following demographic trends is
Q65: Which of the following situations is expected
Q66: Over the past two decades, the U.S.
Q67: Which of the following is true with
Q68: In the context of geographical shifts in
Q70: Consumers' spending patterns since the Great Recession
Q71: Which of the following is an accurate
Q72: An increasing number of American workers currently
Q73: By 2060, _ will be an estimated
Q74: In the 1950s, Americans made a massive
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