Which of the Following Is True of the Relationship Between

question 16

Multiple Choice

Which of the following is true of the relationship between income inequality and public policy in the U.S. since the 1980s?

• A)Public policy has been more favorable to those at the high end of the income distribution resulting in an increase in income inequalities.
• B)Public policy has been more favorable to those at the low end of the income distribution resulting in an increase in income inequalities.
• C)Public policy has been less favorable to those at the high end of the income distribution resulting in a decrease in income inequalities.
• D)Public policy has been less favorable to those at the low end of the income distribution resulting in a decrease in income inequalities.

---

Definitions:

Capital Accumulation

The process of acquiring and investing capital in order to increase the wealth or productive capacity of an economy.

Saving

The act of setting aside money for future use, rather than spending it immediately, typically to achieve a financial goal or prepare for emergencies.

Domestic Output

The total value of all goods and services produced within a country's borders within a given time period.

Sociocultural Impediment

Barriers or obstacles arising from social and cultural factors that affect behaviors, practices, and decision-making.