The Main Reason That Wealth Inequality Persists Across Generations Is

question 1

Multiple Choice

The main reason that wealth inequality persists across generations is that

• A)people tend to marry within their own socioeconomic class.
• B)intergenerational transfers can only increase wealth inequality.
• C)there are differences between households in their degree of specialization.
• D)rich families have equal wealth over the life cycle.
• E)taxes are too high for the lower quintiles.

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