Which of the following statements is true ? a. Income distribution in the United States has gotten progressively more unequal since 1929. b. The Lorenz curve indicates the degree of discrimination in...

a. Income distribution in the United States has

gotten progressively more unequal since 1929.

b. The Lorenz curve indicates the degree of discrimination

in an economy.

c. The Lorenz curve indicates the degree of income

inequality in an economy.

d. The richest 5 percent of Americans earn approximately

half of the nation’s income.

e. All of the above.