By 2015, the Top 1 Percent Owned Half of All

question 36

Multiple Choice

By 2015, the top 1 percent owned half of all the wealth, the richest 10 percent owned ___ percent and the remaining "bottom"(that is, most Americans) owned only __ percent.

• A)88.00, 01
• B)40.5, 25
• C)60.5, 5
• D)30.5, 35

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Definitions:

Accountant

One who keeps, audits, and inspects the financial records of individuals or businesses; one who analyzes these transactions and prepares reports that not only tell the present status of accounts receivable and payable but compare current reports with other years or periods of time.

Financial Records

Records that reflect the financial status of the medical office or business.

Analysis

The process of examining and breaking down something into its constituent parts to understand it better or draw conclusions.

Illegal

Refers to actions or activities that are prohibited by law or statute.