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:

Organizing Steps

A deliberate process of arranging tasks or information in a coherent and logical sequence for efficient execution or understanding.

Agnosia

A neurological disorder characterized by the inability to recognize and identify objects or persons, despite having intact sensory functions.

Visual Scene

The array of visual information present in one's environment that can be observed at any given moment.

Disorder

A disruption of normal physical or mental functions; a disease or abnormal condition.