34976
AssignmentMultiple Choice

Opportunity Cost

Question 34976 • (OC27) Economics-2102310-Sem-Murphy-D'Aquino

What percentage of wealth belonged to the wealthiest 1 percent of US citizens in 2010?

Answer
A
about 53 percent
B
about 35 percent
C
about 11 percent
D
about 42 percent

Explanation

In 2010, the wealthiest 1 percent of US citizens held about 35 percent of the nation’s wealth. So the correct choice is “about 35 percent.”

AI-written and checked against the verified answer.

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