The most recent data on the distribution of income in the United States indicate that households in the top fifth of the income distribution earn more than ten times as much income as those in the bottom fifth.

Question

Quizplus · Accepted Answer

This is a well-supported statement based on data from the United States Census Bureau's most recent report on income and poverty. According to the report, in 2019, households in the top fifth of the income distribution had a median income of $141,894, while those in the bottom fifth had a median income of $15,286. This means that the top fifth earned more than nine times as much income as the bottom fifth ($141,894 ÷ $15,286 = 9.3). However, the statement does use the phrase "more than ten times," which is still generally accurate, as the top fifth's median income is close to 10 times that of the bottom fifth.

The Most Recent Data on the Distribution of Income in the United