Which of the Following Acted as a Counterweight to Increasing

question 6

Multiple Choice

Which of the following acted as a counterweight to increasing income inequality during 1960-1980?

• A)A decrease in inheritance tax rates.
• B)A decline of union-represented manufacturing employees.
• C)An increase in the number of two-earner households.
• D)An increase in the tax rates on carried interests.

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Definitions:

Commercial Property

Real estate property that is used for business activities.

Reasonable Security

Measures taken to protect against foreseeable threats to safety and security.

Liability

A legal responsibility or obligation, often involving the need to pay damages or restitution as a result of one's actions or failure to act.

Implied Warranty

A legal guarantee implied by law that ensures goods or services sold are of satisfactory quality and fit for their intended purpose.