Which statement best summarizes the distribution of income and wealth over the past several decades?
a. The rich have gotten richer, while the poor have gotten poorer.
b. All income groups have gotten poorer, especially the middle class.
c. All income groups have gotten poorer.
d. All income groups have gotten richer, except for the middle class.
a
Learning Objective 6.2: Recognize the importance of wealth.
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