The Normal Life Cycle Pattern of Income

Multiple Choice

The normal life cycle pattern of income

A) contributes to more inequality in the distribution of annual income and to more inequality in living standards.
B) contributes to more inequality in the distribution of annual income, but it does not necessarily contribute to more inequality in living standards.
C) contributes to less inequality in the distribution of annual income and to less inequality in living standards.
D) has no effect on either the distribution of annual income or on living standards.