Web Analytics

Which of the following statements best describes income distribution in the United States?

AThe richest 20 percent of the population has about 20 percent of the national income.
BThe richest 20 percent of the population has a much greater share of income than the poorest 20 percent.
CMost people earn the same income.
DThe richest 20 percent of the population has slightly more income than the poorest 20 percent.

Verified Answer :

Answer: C. Most people earn the same income. 

During this time, the income distribution in the United States doesn't vary largely because most people have similar income or incomes belonging to a certain bracketed amount. The distribution apparently remains the same through time.