Wealth and Income Are Both Important Determinants of Social Class

question 19

Multiple Choice

Wealth and income are both important determinants of social class. Which of the following best characterizes the relationship between wealth and income in the United States?

• A) Income disparities between rich and poor have increased in the past three decades, whereas wealth disparities have decreased during the same time.
• B) Wealthy people almost always inherited their money; thus there is no relationship between wealth and income.
• C) The same factors that limit people's incomes also limit their ability to accumulate wealth.
• D) Whereas race, education, and age influence income, wealth is independent of these variables.

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