Which of the Following Statements Is True About the Difference

question 88

Multiple Choice

Which of the following statements is true about the difference between wealth and income?

• A) Wealth measures all that a person and family have accumulated over years; income measures individual or family earnings.
• B) In the U.S., income inequality is greater than inequality in wealth.
• C) Inequality in wealth is a relatively new phenomenon in the U.S.
• D) While inequality of wealth is high in the U.S., it is not as high as it is in European nations.

---

Definitions:

Mikulincer and Shaver

Researchers known for their contributions to attachment theory, particularly in the context of adult relationships and social psychology.

Compassionate

Showing sympathy and concern for the sufferings or misfortunes of others.

Autokinetic Phenomenon

A visual illusion where a stationary point of light in a dark room appears to move due to small involuntary eye movements.

Social Norms

Informal understandings that govern the behavior of members of a society.