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The US Claim to Be "The Land of Opportunity" Is Not

Question 43

Multiple Choice

The U.S. claim to be "the land of opportunity" is not backed by recent data because a study by Miles Corak shows that:


A) it has very high capital gains tax rates.
B) it does not have a high value of intergenerational income elasticity.
C) there is a weak relationship between parental and child income in the U.S.
D) it has a very high level of income mobility.

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