Which of the Following Best Describes the History of Income

question 22

Multiple Choice

Which of the following best describes the history of income inequality in the United States?

• A)The New Deal of the 1930s created massive income inequality that dramatically increased the share of annual national income going to the top 1 percent.
• B)Income inequality has remained relatively constant throughout American history,with the top 1 percent accounting for approximately 10 percent of national income.
• C)In 1976,the top 1 percent accounted for less than 10 percent of annual national income.
• D)The top 1 percent has never accounted for at least 10 percent of annual national income.

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Definitions:

Retroactive Interference

A phenomenon where newly acquired information interferes with the recall of previously learned information.

New Plays

Fresh or original theatrical productions not previously performed.

Prospective Memory

The part of memory that encompasses the ability to recall planned actions or intentions for execution at a later time.

Future Actions

Planned or anticipated activities or behaviors that are intended to be carried out in the future.