When an economy experiences high rates of economic growth and the growth is inclusive is nature,_____
A) the number of families in the bottom 10 percent of the income distribution is likely to increase.
B) the income of the families in the bottom of the income distribution is likely to increase.
C) only the income of the families in the top of the income distribution is affected.
D) the accompanying inflation cancels out any change in income distribution.
E) the rich are no better off because taxes rise with income.
Correct Answer:
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