Which of the Following Statements Is True About the Difference

Which of the following statements is true about the difference between wealth and income?

A) Wealth measures all that a person and family have accumulated over years; income measures individual or family earnings.
B) In the U.S., income inequality is greater than inequality in wealth.
C) Inequality in wealth is a relatively new phenomenon in the U.S.
D) While inequality of wealth is high in the U.S., it is not as high as it is in European nations.