Solved

Which of the Following Contributed to the Increase in Income

Question 19

Multiple Choice

Which of the following contributed to the increase in income inequality since the end of 1960?


A) The Gini index was developed to measure income inequality.
B) The legal minimum wage has been allowed to fall as inflation reduces its value.
C) The official poverty line has not been adjusted for inflation.
D) Federal, state, and local governments operate programs to assist people in need.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions