Which of the Following Is TRUE About Wealth and Income

question 10

Multiple Choice

Which of the following is TRUE about wealth and income in American society?

• A)Wealth is distributed less equally than income.
• B)Wealth and income are distributed about the same in society.
• C)Income is distributed less equally than wealth.
• D)Wealth and income are the same thing.
• E)There has been little change in income distribution in the U.S. in recent decades.

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Definitions:

Early Adopter

A person who starts using a product or technology as soon as it becomes available, often before it has been widely adopted.

Market Trends

The general direction in which a market or the preferences of consumers are moving over time.

Early Majority

A category of consumers that gather more information and spend more time deciding to make a purchase than innovators and early adopters.

Early Majority

A segment of consumers adopting new products or innovations just before the average person, following the innovators and early adopters.