Solved

Which of the Following Statements Regarding the 1 Percent Is

Question 55

Multiple Choice

Which of the following statements regarding the 1 percent is true?


A) Although economic inequality has been rising globally, the concentration of income and wealth in the U.S. has been more evenly divided.
B) The concentration of wealth in the hands of the 1 percent can be damaging to the economy if their money isn't used in ways that benefit regular workers and their families.
C) The vast majority of individuals with high incomes in the top 1 percent are Asian men.
D) The bottom 50 percent of all earners pull in over 33 percent of all income.

Correct Answer:

verifed

Verified

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

Related Questions