Which of the following statements best describes income distribution in the United States?

a. The richest 20 percent of the population has about 20 percent of the national income.

b. The richest 20 percent of the population has a much greater share of income than the poorest 20 percent.

c. Most people earn the same income.

d. The richest 20 percent of the population has slightly more income than the poorest 20 percent.

Question

Social Studies

London Bennett

7 July, 01:16

Which of the following statements best describes income distribution in the United States?

a. The richest 20 percent of the population has about 20 percent of the national income.

b. The richest 20 percent of the population has a much greater share of income than the poorest 20 percent.

c. Most people earn the same income.

d. The richest 20 percent of the population has slightly more income than the poorest 20 percent.

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Answers (1)

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Kramer · Answer 1

The statement that would best describe the income distribution in the United States today would be that the richest 20 percent of the population has a much greater share of income than the poorest 20 percent - b.

This indeed is a fact of the US today where a small minority has the majority of money.