The current U.S. income tax structure has the highest marginal tax rate in U.S. history for individuals earning the highest incomes

In the United States, do the poorest 20 percent of the households receive more or less than 5 percent of total income?

What will be an ideal response?

Refer to Figure 4-3. If the market price is $2.50, what is the consumer surplus on the second ice cream cone?

A) $0.50 B) $1.50 C) $3.00 D) $10.50