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Census Data Indicate That, as of 2017, the Top Fifth

question 141

Multiple Choice

Census data indicate that, as of 2017, the top fifth of all households receive about ________ times as much income as the bottom fifth.


Definitions:

National Law

The body of laws and regulations that are enacted by a country’s legislative body and applied within its borders.

Supremacy Clause

The provision in Article VI of the U.S. Constitution that declares the Constitution, laws, and treaties of the United States "the supreme Law of the Land."

Article VI

A section of the United States Constitution that establishes the Constitution, federal statutes, and treaties as the supreme law of the land, overriding state laws.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource.

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