In General Terms, Which of the Following Statements Regarding Changes

Multiple Choice

In general terms, which of the following statements regarding changes in income inequality in the United States is correct?

A) Inequality has increased over the last 30 years as witnessed by the Gini coefficient increasing from about 0.1 in 1970 to about 0.7 in 2000.
B) Inequality has increased over the last 30 years as witnessed by the Gini coefficient increasing from about 0.3 in 1970 to about 0.45 in 2000.
C) Inequality has decreased over the last 30 years as witnessed by the Gini coefficient decreasing from about 0.5 in 1970 to about 0.05 in 2000.
D) Inequality has decreased over the last 30 years as witnessed by the Gini coefficient decreasing from about 0.8 in 1970 to about 0.25 in 2000.
E) Inequality has stayed about the same over the last 30 years as witnessed by a Gini coefficient that has hovered around 0.6.