In the United States,those in the top 10% of income possess ______ of the country's wealth.
A)40%
B)55%
C)75%
D)90%

Question

Quizplus · Accepted Answer

According to multiple sources, including the Federal Reserve, the top 10% of income earners in the United States possess approximately 75% of the country's wealth. This means that the remaining 90% of the population has to divide up the remaining 25% of the wealth. This level of income inequality has significant social and economic consequences.

In the United States,those in the Top 10% of Income