Asked by
Ehimy Garcia
on Oct 26, 2024Verified
Over the past two decades,the share of income going to the richest Americans has _____ than the share going to the poorest Americans.
A) risen faster
B) risen more slowly
C) fallen faster
D) fallen more slowly
Income Share
The proportion of total national or group income earned by individuals or entities, often analyzed to assess economic inequality.
Richest Americans
The term "richest Americans" refers to individuals within the United States who have the highest net worth, often derived from businesses, investments, inheritance, or other sources of income.
- Gain insight into the notion of income inequality and the variables that influence its growth or diminution.
Verified Answer
JM
Learning Objectives
- Gain insight into the notion of income inequality and the variables that influence its growth or diminution.