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Question
Which of the following correctly summarizes an economic trend in recent U.S. history?

(1 point)
Responses

People with lower incomes have gained a larger share of wealth.

People with lower incomes have gained a larger share of wealth.

There has been little change in the distribution of wealth.

There has been little change in the distribution of wealth.

People with higher incomes have gained a larger share of wealth.

People with higher incomes have gained a larger share of wealth.

Americans of all income levels have experienced declining incomes.

1 answer

The statement that correctly summarizes an economic trend in recent U.S. history is:

People with higher incomes have gained a larger share of wealth.

This reflects the trend of increasing wealth inequality observed in recent decades, where the wealth accumulation has disproportionately favored those in higher income brackets.

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