Compare the following statements to determine which one accurately depicts how income is distributed across the U.S.population.
A)Over the past several decades,there has been a robust shift in the lowest wage earners moving upward to the middle class.
B)The top wage earners of the U.S.population are earning only a small percentage of the country's adjusted gross income.
C)Income for the middle class in the United States has consistently grown faster than any other wage-earning bracket.
D)Over the past several decades,income for the highest wage earners grew at a much quicker pace than for households in the bottom wage-earning bracket.
E)Over the past several decades,there has been little shift in any of the wage-earning brackets of the U.S.population.

Question

Quizplus · Accepted Answer

According to multiple sources, including the Congressional Budget Office, income for the highest wage earners in the U.S. has grown at a much faster rate than for households in the bottom wage-earning bracket over the past several decades. This has led to an increase in income inequality and a widening gap between the rich and the poor. Option A is not accurate, as there has not been a robust shift of low-wage earners to the middle class. Option B is partially accurate, as the top wage earners do earn a smaller percentage of the country's adjusted gross income compared to some other countries, but this statement alone does not accurately depict income distribution across the U.S. population. Option C is also not entirely accurate, as income growth rates have varied among different wage-earning brackets over time. Option E is not accurate, as there has been some shift in income distribution, particularly with the growth in income inequality.

Compare the Following Statements to Determine Which One Accurately Depicts