The final part of Chapter 12 discusses an ethical question: How should wealth be distributed? According to the research by Norton and Ariely (2011), U.S. residents
a. greatly underestimated the percentage of the total wealth that the top 20% of people have.
b. were actually very accurate in estimating the percentage of the total wealth that the top 20% of people have.
c. thought that the wealthiest 20% of people deserved to have the wealth that they actually possess.
d. thought that the poorest 20% of people deserved to have the low economic resources that they actually possess.
Ans: a
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