Which of the following best explains the relationship between wealth and income?
A. Although income is influenced by race, education, and age, wealth is independent of these variables.
B. Wealthy people almost always inherit their money; thus, there is no relationship between
wealth and income.
C. The same factors that limit people's incomes also limit their ability to accumulate wealth.
D. Income disparities between rich and poor have increased in the past three decades, whereas wealth disparities have decreased during the same time.
E. Education has a strong connection to income but a weak relationship to wealth.
Ans: C. The same factors that limit people's incomes also limit their ability to accumulate wealth.
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