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The Main Reason That Wealth Inequality Persists Across Generations Is

Question 1

Multiple Choice

The main reason that wealth inequality persists across generations is that


A) people tend to marry within their own socioeconomic class.
B) intergenerational transfers can only increase wealth inequality.
C) there are differences between households in their degree of specialization.
D) rich families have equal wealth over the life cycle.
E) taxes are too high for the lower quintiles.

Correct Answer:

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