Table 20-4 ​

question 79

Multiple Choice

Table 20-4
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Source: U.S. Bureau of Census
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-Refer to Table 20-4. Comparing data from 2000 and 2017, which of the following statements is correct?

• A)There has been no change in overall income inequality because the share of income held by the fourth quintile is nearly identical.
• B)Overall income inequality has worsened slightly, as shown by the simultaneous increase in the share of income held by the top quintile and the decrease in the share of income held by the bottom quintile.
• C)Overall income inequality has improved because the share held by the second quintile has declined by 0.6%.
• D)Overall income inequality has improved because the share held by the bottom quintile has declined by 0.5%.

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Definitions:

Knowledgeable Investors

Individuals or entities that possess an understanding and experience in financial and business matters, making them capable of evaluating investment risks and merits.

General Solicitation

The act of publicly advertising an investment opportunity to potential investors.

Business Combination

The merger or joining of two or more companies into one entity, often to expand market share or diversify offerings.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.