Author Question: The richest 20 of the U.S. population hold approximately what percentage of total wealth? a. 20 ... (Read 106 times)

dollx · **on:** Jul 1, 2018

The richest 20 of the U.S. population hold approximately what percentage of total wealth?

a. 20
b. 40
c. 60
d. 80

Question 2

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.