The incomes of middle class Americans have
A)largely stagnated over the last 40 years.
B)increased significantly over the last 40 years.
C)decreased significantly over the last 40 years.
D)decreased significantly between 1976 and 1996 but have increased significantly
Since 1996.

Question

Quizplus · Accepted Answer

Data shows that the incomes of middle class Americans have largely stagnated over the last 40 years, with little to no real growth when accounting for inflation. This is evidenced by a number of economic reports and studies, including those conducted by the Pew Research Center and the Congressional Budget Office. While there have been some increases in median income over the years, overall, the gains have been relatively small and have not kept pace with the rising cost of living.

The Incomes of Middle Class Americans Have