QUESTION IMAGE
Question
the personal distribution of income in the united states shows that
the richest 20 percent of individuals receive approximately 25 percent of total income.
the poorest 20 percent of individuals receive approximately 20 percent of total income.
the poorest 60 percent of individuals receive approximately 50 percent of total income.
income is equally distributed.
the richest 20 percent of individuals receive approximately 50 percent of total income.
In the U.S., income distribution is highly unequal. The richest 20 percent of individuals typically receive a large - share of total income, around 50 percent. The poorest 20 percent receive a very small share, much less than 20 percent, and the poorest 60 percent receive less than 50 percent. Income is not equally distributed.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
The richest 20 percent of individuals receive approximately 50 percent of total income.