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Examining Historical Data of Changes in the Percentage Share of Total

Question 21

Multiple Choice

Examining historical data of changes in the percentage share of total income in Canada of the richest 1% reveals that:


A) The richest 1% are now approaching an income share similar to 1929 when the Wall Street Crash occurred
B) The richest 1% saw a notable increase in their share of total income between 1940 and 1980
C) The share of total income of the richest 1% in Canada now stands at approximately 35%
D) The share of total income of the richest 1% has steadily declined since the 1980s

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