Identify the Correct Statement About the Distribution of Income in the United

question 46

Multiple Choice

Identify the correct statement about the distribution of income in the United States in the last two decades.​

• A)The share of income of the highest fifth quantile has increased in the last two decades because of an increase in the number of double-income households.
• B)The share of income of the lowest fifth quantile has increased in the last two decades because of an increase in the number of double-income households.
• C)The share of income of the highest fifth quantile has decreased in the last two decades because of an increase in the number of single-parent households.
• D)The share of income of the lowest fifth quantile has decreased in the last two decades because of a decrease in in-kind transfers.
• E)The share of income of the highest fifth quantile has increased in the last two decades because of an increase in transfer payments.