Median household income in the United States has increased from $38,771 in 1967 to $51,017 in 2012. Based only on this fact, we can conclude that

Question

Quizplus · Accepted Answer

Median household income alone does not provide enough information to determine changes in inequality. To fully understand inequality, we would need information about the distribution of income across all households, including measures such as the Gini coefficient or the ratio of the top 10% to bottom 10% of earners.

Median Household Income in the United States Has Increased from $38,771