Census data on the income distribution among families in the United States in recent years shows

a. the rich getting an increase in income, but the poor getting even larger increases in income
b. the gap between rich and poor becoming narrower
c. show the "poor" gaining in income relative to the rich
d. the rich getting richer while the poor get relatively poorer
e. both rich and poor people's incomes growing at approx. the same rate

Question

Census data on the income distribution among families in the United States in recent years shows

a. the rich getting an increase in income, but the poor getting even larger increases in income
b. the gap between rich and poor becoming narrower
c. show the "poor" gaining in income relative to the rich
d. the rich getting richer while the poor get relatively poorer
e. both rich and poor people's incomes growing at approx. the same rate

justus · Answer

I think it is btw b and d

darkknight · Answer

"Census data on the income distribution among families in the United States in recent years shows"

Do you have the census data or do we have to look that up?

justus · Answer

I don't have it, they didn't provide it.

justjm · Answer

It's talking about income inequality.

Income inequality is quantitatively measured through the Lorenz curve and the GINI coeff:

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The GINI coefficient = $\frac{A}{A+B}$. The larger it gets, the more inequality there is in the income between the rich and the poor. Currently in the US, I believe the GINI ratio is getting larger, signaling that income inequality is worsening...so you are correct with your thought on D

justjm · Answer

https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/ https://www.pewresearch.org/fact-tank/2020/02/07/6-facts-about-economic-inequality-in-the-u-s/ looks like its correct