Inequality in the Distribution of Income and Wealth Is Increased

question 30

Multiple Choice

Inequality in the distribution of income and wealth is increased by

• A) the point that the children of the poorest find it difficult to get into college.
• B) saving to redistribute an uneven income over the life cycle.
• C) marrying outside one's own socioeconomic class.
• D) donating money to charities.
• E) the U.S. income tax.

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Definitions:

Probability

A mathematical concept that quantifies the chance that a given event will happen.

Basketball Player

An individual who participates in the sport of basketball, either professionally or as an amateur.

Left Handed

Refers to individuals who preferentially use their left hand for tasks such as writing and handling objects.

Probability

A branch of mathematics concerned with the analysis of random phenomena, describing the likelihood of occurrences through numerical values between 0 and 1.