Question
Refer to the graph shown here. The higher the percentage share of income earned by top 1% of earners, the higher will be the “Economic disparity” in that country. In which of the following years, did the US witness lowest “Economic disparity”
Answer: Option D
:
D
From the given curve, it is evident that minimum share of income earned by top 1% of earners is lowest for the period 1970-90 and therefore in the same period, US witnessed lowest “Economic disparity”.
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:
D
From the given curve, it is evident that minimum share of income earned by top 1% of earners is lowest for the period 1970-90 and therefore in the same period, US witnessed lowest “Economic disparity”.
Was this answer helpful ?
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