QUESTION IMAGE
Question
us average income, 2015
us average income, 2015
the data shown illustrates which of the following problems in the
united states and canada?
a. highly diversified economies
b. disparity of income distribution
c. sustained economic growth
d. low standard of living
The data shows different income levels for various percentiles (e.g., Bottom, Top 10%, Top 5%, etc.). This indicates a difference in income amounts among these groups, which is related to income distribution. Options A (diversified economies) is about economic structure, C (sustained economic growth) is about growth over time, and D (low standard of living) is about living conditions. The key here is the variation in income across groups, which points to income distribution disparity.
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B. disparity of income distribution