Question 1 of 10
Which statement best describes how income levels have changed in the
United States?
A. High-income earners have seen rising incomes, but most people
have seen limited gains.
B. Income levels have fallen sharply as homeownership rates have
increased
C. All income levels have seen a sharp decline as inflation has risen.
O D. Most income levels have risen in line with economic growth.

High-income earners have seen rising incomes, but most people have seen the limited gains is the most suitable statement that describes the change in income levels of US country

Option A is the correct answer.

What is an income?

Income is the amount earned by the taxpayer from various sources. It is that amount on which the taxpayer has to pay taxes.

The individuals with high income have observed that their incomes are rising over a period of time but out of them mostly have analyzed that they get a limited amount of gain.

Therefore, according to variations in income levels in the US the most appropriate statement has been written in part A.

Learn more about the change in income levels of the US in the related link:

https://brainly.com/question/20052797

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