The poorest 45% of the U.S. population, on balance, control
A) 45% of the nation's wealth
B) about 10% of the nation's wealth
C) net assets of a few thousand dollars each
D) no net wealth whatsoever

Question

Quizplus · Accepted Answer

According to a 2019 report by the Federal Reserve, the bottom 50% of households in the U.S. hold only 1.9% of the country's wealth. Therefore, it can be inferred that the poorest 45% have either no net wealth or a negligible amount that would not significantly affect the overall wealth distribution.

The Poorest 45% of the U