Which of the following statements about income distribution in Canada is true?
A) Wealth is widespread among Aboriginal reserves.
B) Canadians in the top 5 percent of wage earners account for approximately 25 percent of the total income earned.
C) This distribution of income has created an untiered market.
D) The earnings of Canada's middle class are increasing.
E) The median earnings among the top 20 percent of Canadian full-time workers decreased over 16 percent since the last census.

Question

Which of the following statements about income distribution in Canada is true?
A)	Wealth is widespread among Aboriginal reserves.
B)	Canadians in the top 5 percent of wage earners account for approximately 25 percent of the total income earned.
C)	This distribution of income has created an untiered market.
D)	The earnings of Canada's middle class are increasing.
E)	The median earnings among the top 20 percent of Canadian full-time workers decreased over 16 percent since the last census.

Quizplus · Accepted Answer

Canadians in the top 5 percent of wage earners indeed account for a significant portion of the total income, reflecting income inequality where a small percentage of the population holds a large share of the wealth. This is a common trend in many developed countries, including Canada.

Which of the Following Statements About Income Distribution in Canada