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:

Ego

In psychoanalytic theory, the part of the personality that mediates between the impulses of the id, the demands of the environment, and the standards of the superego.

Collective Unconscious

A concept proposed by Carl Jung, referring to the part of the unconscious mind that is shared among beings of the same species and contains archetypes and universal experiences.

Behavioral Consistency

The concept that suggests an individual's behavior in one situation will be similar in another situation if the underlying trait conditions are present.

Moral Integrity

The quality of being honest and having strong ethical principles that one does not compromise.