Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) The United States has a more equal distribution of income than other developed countries such as Japan and Germany.
B) The statement "a rising tide lifts all boats" illustrates how economic growth reduces the number of people with income levels below the poverty line.
C) The economic life cycle explains why people base spending decisions on transitory income.
D) The United States has more income inequality than developing countries, including Mexico and Brazil.