In General Terms, Which of the Following Statements Regarding Changes

question 9

Multiple Choice

In general terms, which of the following statements regarding changes in income inequality in the United States is correct?

• A)Inequality has increased over the last 30 years as witnessed by the Gini coefficient increasing from about 0.1 in 1970 to about 0.7 in 2000.
• B)Inequality has increased over the last 30 years as witnessed by the Gini coefficient increasing from about 0.3 in 1970 to about 0.45 in 2000.
• C)Inequality has decreased over the last 30 years as witnessed by the Gini coefficient decreasing from about 0.5 in 1970 to about 0.05 in 2000.
• D)Inequality has decreased over the last 30 years as witnessed by the Gini coefficient decreasing from about 0.8 in 1970 to about 0.25 in 2000.
• E)Inequality has stayed about the same over the last 30 years as witnessed by a Gini coefficient that has hovered around 0.6.

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An approach to problem solving or learning that employs a practical method not guaranteed to be perfect, but sufficient for reaching an immediate goal.

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