Use the Following to Answer Question(s): Income Distribution in the United

question 127

Multiple Choice

Use the following to answer question(s) : Income Distribution in the United States

-A factor that has been associated with the increase in income inequality in the United States is the:

• A) increase in households headed by single women.
• B) reduction in the percentage of the population over the age of 65.
• C) smaller gap between the wages of skilled and unskilled workers.
• D) slowdown in technological change.

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Definitions:

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.

Partnerships

A business structure where two or more individuals manage and operate a business in accordance with terms set out in a Partnership Agreement.

Sole Proprietorship

A business owned and operated by one person.

Corporation

A business structure that creates an entity separate from its owners and managers.