If the same level of inequality that existed 35 years ago still existed today,the after-tax income:
A) of the top 5% would be about $100,000 lower than it actually is now
B) of the top 5% would be about $100,000 higher than it actually is now
C) of the middle 20% would be about $20,000 lower than it actually is now
D) of the middle 20% would be about $20,000 higher than it actually is now
E) inequality did not change

Question

Quizplus · Accepted Answer

The statement implies that inequality has increased over the past 35 years, leading to higher after-tax incomes for the top 5% compared to if inequality levels had remained the same.

If the Same Level of Inequality That Existed 35 Years