Use the following to answer question(s): Income Distribution in the United States

-When economists speak of the lowest 20 percent or the middle 20 percent of the families receiving a certain percentage of income, they are speaking of:
A) static groups.
B) families that move in and out of the various groups.
C) very immobile income classes.
D) a typical family of 4 with both parents present.

Question

Use the following to answer question(s): Income Distribution in the United States
 
-When economists speak of the lowest 20 percent or the middle 20 percent of the families receiving a certain percentage of income, they are speaking of:
A) static groups. 
B) families that move in and out of the various groups. 
C) very immobile income classes. 
D) a typical family of 4 with both parents present.

Quizplus · Accepted Answer

Economists speak of the lowest 20 percent or the middle 20 percent of families receiving a certain percentage of income as groups that families move in and out of. This is known as income mobility or the ability for individuals or families to move up or down the income ladder over time. Therefore, choice B is the best answer as it reflects the dynamic nature of income distribution in the United States.

Use the Following to Answer Question(s): Income Distribution in the United