One major problem with concentration ratios is that they fail to take into account:

A needed reform in the U.S. income tax system that would reduce the costs of inflation is to

A) go back to taxing nominal wage and salary income. B) start taxing real wage and salary income. C) go back to taxing nominal interest income. D) tax real interest income.

Households in the Lowest Income 20%:

a. usually have the least one full-time, year round worker b. usually remain in this Group for decades c. both of the above d. neither of the above