Table 20-7
-Refer to Table 20-7. Which of the following is the best overall conclusion to draw from the data?
A)The most alarming statistic is the lowering of the top income level that defines the bottom fifth of the income distribution because this indicates that the income distribution is becoming more unequal.
B)The greatest cause for concern is the increase in the minimum income level that defines the top fifth of the income distribution because this indicates that the rich have become richer.
C)The income distribution has been relatively unchanged from 2001 to 2011.
D)Both a and b are correct.

Question

Table 20-7 
-Refer to Table 20-7. Which of the following is the best overall conclusion to draw from the data?
A)The most alarming statistic is the lowering of the top income level that defines the bottom fifth of the income distribution because this indicates that the income distribution is becoming more unequal. 
B)The greatest cause for concern is the increase in the minimum income level that defines the top fifth of the income distribution because this indicates that the rich have become richer. 
C)The income distribution has been relatively unchanged from 2001 to 2011. 
D)Both a and b are correct.

Quizplus · Accepted Answer

The table shows that there has been relatively little change in the income distribution from 2001 to 2011, with only slight increases or decreases in the income levels defining each fifth of the distribution. Therefore, option C is the best overall conclusion to draw from the data. Options A and B both focus on specific income levels without looking at the overall picture, and therefore are not the best choices.

Table 20-7 -Refer to Table 20-7. Which of the Following Is the Following