Advanced Placement (AP) College

The graphs below are from the New York Times cited in the lecture. Which of the following statements can we conclude from looking at the graphs?


Black women whose parents were median income earners have lower income rank than white women whose parents were median income earners.

Black men whose parents were median income earners have income ranks comparable to white men whose parents were in the lowest income decile.

For both racial and gender groups depicted, the children of the parents with the highest income ranks have higher income ranks than their parents.

Parents transfer more resources to sons than daughters.

The Graphs Below Are From The New York Times Cited In The Lecture. Which Of The Following Statements

Answers

Answer 1

Answer:

Might be wrong but...

Explanation:

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Due to changes in the tax structure and stagnant wages over the past fifty years, the income inequalities between the top and lowest earnings in the United States have significantly widened.

What is meant by the income gap?

An income gap is a term used to describe the disparity in income between demographic groups. The average income shortfall of families or people with incomes below the poverty line, represented as a percentage of the poverty line.

Numerous factors contribute to income inequality, such as historical racial segregation, political policies, a stagnant minimum wage, outsourcing, globalization, technological advancements, and the declining influence of labor unions.

What is the income inequality gap in the United States?

The wealth of the United States was owned by the wealthiest 10% of citizens in 2021, up from roughly 61 percent at the end of 1989. Over that time, the share held by the bottom 40 percent decreased proportionally. In 2021, the bottom 50% of the population, or around 63 million families, possessed 2.5% of the total wealth.

To learn more about income inequality refer to:

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