![MyLab Statistics with Pearson eText -- Standalone Access Card -- for Fundamentals of Statistics](https://www.bartleby.com/isbn_cover_images/9780134743295/9780134743295_largeCoverImage.gif)
Income Distribution The following data represent the percentage of total adjusted gross income (AGI) earned and percentage of tax paid by various income classes. The top 1% represents the percentage of total AGI earned and tax paid by those whose income is higher than 99% of all earners. The bottom 50% represents the percentage of total AGI earned and tax paid by those whose income is in the bottom 50% of all income earners. For example, in 2001, 17.53% of all income earned in the United States was earned by those in the top 1% of all income earners, while 13.81% of all income earned in the United States was earned by those in the bottom 50% of income earners.
- a. Use the data to make a strong argument that adjusted gross incomes are diverging among Americans.
- b. Use the data to make an argument that, while incomes are diverging between the top 1% and bottom 50%, the total taxes paid as a share of income are also diverging.
![Check Mark](/static/check-mark.png)
Want to see the full answer?
Check out a sample textbook solution![Blurred answer](/static/blurred-answer.jpg)
Chapter 2 Solutions
MyLab Statistics with Pearson eText -- Standalone Access Card -- for Fundamentals of Statistics
- Calculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
![Text book image](https://www.bartleby.com/isbn_cover_images/9780321964038/9780321964038_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781285463247/9781285463247_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781305652231/9781305652231_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780547587776/9780547587776_smallCoverImage.jpg)