Which of the following conclusions about income distribution during the Reagan administration is supported by the table above?
a. The share of income received by the lowest fifth increased, whereas the share received by the fourth fifth decreased.
b. The share of income received by the second fifth increased, whereas the share received by the fourth fifth decreased.
c. The share of income received by the highest fifth increased, whereas the share received by the lowest fifth decreased.
d. The number of people earning high incomes increased.
e. The middle class disappeared.
Answer: c. The share of income received by the highest fifth increased, whereas the share received by the lowest fifth decreased.
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