Answer
Increased
Work Step by Step
In 1970, the richest fifth of Americans had 40.9 percent of the income. In 2010, the richest fifth of Americans had 48.8 percent of income.
Principles of Economics, 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
128516587X
ISBN 13:
978-1-28516-587-5
Chapter 20 - Part VI - Income Inequality and Poverty - Questions for Review - Page 430: 2
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