What Is the Primary Reason That the Highest Quintile's Share

question 97

Multiple Choice

What is the primary reason that the highest quintile's share of the national income increased very rapidly over the last 20 years?

• A)Poor people are lazy and do not want to work.
• B)All of our jobs have been shipped overseas.
• C)Tax cuts on the property owners and high income citizens.
• D)High cost of health care.

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Definitions:

Earn

To receive payment in exchange for work or services provided, or as a return on investment.

Interest Annually

Interest calculated once a year on the principal or existing amount.

Equal Payments

Payments that are the same in amount, typically referring to the consistent and periodic payments made over the life of a loan or for a subscription service.

Rate of Interest

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.