If the Tax-Returns and Capital Gains Effect Were Accounted for in the Measurement

question 3

Multiple Choice

If the tax-returns and capital gains effect were accounted for in the measurement of income inequality, _____.

• A)the top 1% share of income would have tripled from 1978 to 2007
• B)the top 1% share of income would have remained at 8% in 1978 and 2007
• C)the top 1% share of income would have less than doubled in value from 1978 to 2007
• D)the top 1% share of income would have decreased by 1.4% from 1978 to 2007

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Definitions:

Wave Base

The maximum depth in a body of water at which wave action can move sediments on the seabed, typically correlating with half the wavelength of surface waves.

Moving Current

A steady flow of a fluid in a particular direction, especially a natural flow of water in the ocean.

Longshore Current

A current, generally in an ocean or large lake, flowing more or less parallel to a coastline.

Prevailing Wind

The most common or frequent wind direction in a particular place, influenced by global patterns or local topography.