Which statement most accurately describes the distribution of income among US families?
A) In 2005, as in most of American history, poor people work on average many more hours than do high-income people.
B) The median real family income has remained about the same since 1970.
C) One of the most significant determinants of income inequality in the US has been the increase in demand for highly trained labor.
D) Earnings of married-couple families have grown more slowly than earnings of both male and female households with no spouse.
Correct Answer:
Verified
Q5: If you based your estimate on how
Q6: Which statement best describes changes in infant
Q7: During the second half of the nineteenth
Q8: Which of the following statements best describes
Q9: Economists often examine GNP to estimate changes
Q11: What is not an accurate description of
Q12: What best describes changes in sectors in
Q13: Economists often examine GNP to estimate changes
Q14: What most accurately describes the trend in
Q15: Which statement is most accurate about social
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