Asked by NATALIA BARAJAS on Sep 23, 2024

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The incomes of middle class Americans have

A) largely stagnated over the last 40 years.
B) increased significantly over the last 40 years.
C) decreased significantly over the last 40 years.
D) decreased significantly between 1976 and 1996 but have increased significantly
Since 1996.

Middle Class Americans

Refers to individuals or families who fall within the middle segment of income distribution, typically characterized by a moderate level of income, education, and occupational prestige.

Last 40 Years

Refers to the most recent four decades, a period used to discuss trends, changes, and developments in various contexts such as social, economic, or technological.

Incomes

The money received, typically on a regular basis, for work or through investments.

  • Recognize the importance of political awareness in democracies.
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Vladislav Grigoriev4 days ago
Final Answer :
A
Explanation :
Data shows that the incomes of middle class Americans have largely stagnated over the last 40 years, with little to no real growth when accounting for inflation. This is evidenced by a number of economic reports and studies, including those conducted by the Pew Research Center and the Congressional Budget Office. While there have been some increases in median income over the years, overall, the gains have been relatively small and have not kept pace with the rising cost of living.