Which of the following most accurately describes the American middle class between 1970 and 2015?Multiple ChoiceTheir share of the nation's income fell by almost 20 percent.The middle class grew dramatically in number.Their numerical size and share of the nation's income remained remarkably constant.The middle class came to receive more than half the nation's income.None of these answers are correct.
Question
Which of the following most accurately describes the American middle class between 1970 and 2015?Multiple ChoiceTheir share of the nation's income fell by almost 20 percent.The middle class grew dramatically in number.Their numerical size and share of the nation's income remained remarkably constant.The middle class came to receive more than half the nation's income.None of these answers are correct.
Solution
The most accurate description of the American middle class between 1970 and 2015 is that their share of the nation's income fell by almost 20 percent. This period saw a significant increase in income inequality in the United States, with the wealthy capturing a larger share of the nation's income and the middle class and poor seeing their share decrease.
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