Multiple Choice
The study by economists Cox and Alm found that the 2006 after-tax income of the richest fifth of U.S. households is
A) equal to the after-tax income of the poorest fifth.
B) 7 times the after-tax income of the poorest fifth.
C) 14 times the after-tax income of the poorest fifth.
D) 21 times the after-tax income of the poorest fifth.
Correct Answer:
Verified
Correct Answer:
Verified
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