Which is true about inequality in the distribution of household income in the U.S.?
A) It has declined in recent decades.
B) It has increased in recent decades.
C) It has not changed at all in the last 50 years.
D) It is low compared with that of other industrialized nations.

Question

Quizplus · Accepted Answer

Inequality in the distribution of household income in the U.S. has increased in recent decades. According to data from the Census Bureau, the Gini coefficient (a measure of income inequality) has increased from 0.397 in 1967 to 0.485 in 2018. This indicates a significant increase in income inequality over the past 50 years. Additionally, the U.S. has higher levels of income inequality compared to other industrialized nations.

Which Is True About Inequality in the Distribution of Household