Table 20-7 -Refer to Table 20-7. Which of the Following Is the Following

question 269

Multiple Choice

Table 20-7
-Refer to Table 20-7. Which of the following is the best overall conclusion to draw from the data?

• A)The most alarming statistic is the lowering of the top income level that defines the bottom fifth of the income distribution because this indicates that the income distribution is becoming more unequal.
• B)The greatest cause for concern is the increase in the minimum income level that defines the top fifth of the income distribution because this indicates that the rich have become richer.
• C)The income distribution has been relatively unchanged from 2001 to 2011.
• D)Both a and b are correct.

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Definitions:

Production Quotas

Predetermined targets for the amount of goods a factory or country must produce within a certain timeframe, often used in planned economies.

Labor's Great Upheaval

A period of intense and widespread labor activity and strikes, often marking a significant moment of conflict between workers and employers.

Textile Strike

A work stoppage initiated by employees in the textile industry as a form of protest against working conditions, wages, or other employment issues.

Auto Workers

Employees in the automotive industry, including those involved in the manufacturing, assembling, and selling of motor vehicles.