QUESTION IMAGE
Question
understanding the wealth gap
division of wealth in the united states (2010)
what percentage of wealth belonged to the wealthiest 1 percent of us citizens in 2010?
○ about 53 percent
○ about 35 percent
○ about 11 percent
○ about 42 percent
To determine the percentage of wealth belonging to the wealthiest 1% of US citizens in 2010, we analyze the bar graph. The bar for "Top 1%" reaches between 30% and 40%, closer to 35%? Wait, no, looking again, the "Top 1%" bar is around 35%? Wait, no, the y - axis has 30%, 40%, etc. Wait, the "Top 1%" bar is at about 35%? Wait, no, let's check the options. The options are about 53, 35, 11, 42. Wait, the "Top 1%" bar: looking at the graph, the "Top 1%" bar is between 30% and 40%, more precisely, around 35%? Wait, no, maybe I misread. Wait, the "Next 19%" bar is above 50%? No, the "Next 19%" bar is between 50% and 60%? Wait, no, the y - axis is 0 - 60% with marks at 10,20,30,40,50,60. The "Top 1%" bar is at about 35%? Wait, no, the option "about 35 percent" is one of the choices. Wait, but let's re - examine. The "Top 1%" bar: from the graph, the height of the "Top 1%" bar is between 30% and 40%, and among the options, "about 35 percent" is the most appropriate as the other options: 53 is too high (the "Next 19%" bar is around 53? Wait, no, the "Next 19%" bar is higher than 50%, maybe around 53? Wait, no, the question is about the "Top 1%". Wait, I think I made a mistake. Let's look again. The "Top 1%" bar: the y - axis, the first bar (Top 1%) is at about 35%? Wait, no, the options: about 35 percent is an option. Wait, but maybe the "Top 1%" bar is at about 35%? Wait, no, let's check the graph again. The "Top 1%" bar: the height is between 30 and 40, so about 35. The other options: 53 is too high (that would be the "Next 19%" maybe), 11 is too low (that's the bottom 80%), 42 is close but 35 is more accurate. Wait, no, maybe I messed up. Wait, the correct answer is about 35 percent? Wait, no, actually, in reality, the wealth share of the top 1% in 2010 was about 35%? Wait, no, some sources say different, but according to the graph, the "Top 1%" bar is at about 35%. So among the options, the correct one is "about 35 percent".
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
B. about 35 percent