What Impact Did the Wartime Economy Have on the Distribution

Multiple Choice

What impact did the wartime economy have on the distribution of American incomes?

A) The proportion of wealth controlled by the richest 5 percent of the population soared to nearly one-third.
B) The proportion of wealth controlled by the poorest 20 percent of the population dropped to about 10 percent.
C) The earnings of the middle class doubled.
D) The middle class stagnated as it found itself caught between wage freezes and soaring inflation.
E) The poor sank deeper into poverty because the focus was on foreign affairs rather than their plight.