Which of the Following Is NOT a True Statement Regarding

Multiple Choice

Which of the following is NOT a true statement regarding contemporary U.S. wealth concentration?

A) In 2004, the richest 1 percent controlled about one-third of all privately held wealth.
B) In 2004, the wealthiest 20 percent owned almost 85 percent of all wealth.
C) In 2004, the bottom 40 percent held under 1 percent of all wealth.
D) Between 1995 and 2004, 90 percent of all gains in wealth were made by the middle quartile.