Which of these statements about the distribution of wealth in the United States is NOT true?:
A) the wealthiest 1% of U.S> households owns 40% of the nations wealth.
B) the share of wealth owned by the wealthiest 1% of U.S. households is higher than it has been at any time in the past 50 years.
C) the share of wealth owned by the wealthiest 1% of U.S. households is decreasing because of government policies to redistribute wealth.
D) the share of wealth owned by the wealthiest 1% of U.S. households is greater than that owned by the bottom 90% of households combine.
Ans: C) the share of wealth owned by the wealthiest 1% of U.S. households is decreasing because of government policies to redistribute wealth.
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