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

-Studies of family income over time reveal that:
A) most people in the lowest quintile tend to stay there over their lifetimes.
B) income mobility is rare for all quintiles of the income distribution.
C) many people who move down the income ladder tend to be young.
D) many people who start out at the bottom of the income ladder when they are young move up the income ladder as they age.

Question

Use the following to answer question(s): Income Distribution in the United States
 
-Studies of family income over time reveal that:
A) most people in the lowest quintile tend to stay there over their lifetimes. 
B) income mobility is rare for all quintiles of the income distribution. 
C) many people who move down the income ladder tend to be young. 
D) many people who start out at the bottom of the income ladder when they are young move up the income ladder as they age.

Quizplus · Accepted Answer

Studies have shown that many people who start out with lower incomes when they are young move up the income ladder as they age. This phenomenon is known as income mobility, and it tends to be more common for people in the lower quintiles of the income distribution. However, it is important to note that not everyone in the lowest quintile is able to move up, and there are often barriers to upward mobility such as lack of education or social inequality.

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