Which of the following statements about income distribution in the United States in 2010 is TRUE?
A. About half of all households had income of less than $50,000.
B. Taking into account inflation, household income grew 5 percent in the previous decade.
C. 20 percent of families had a total income of less than $30,000.
D. Over the last decade, middle-income consumers have found it easier to buy necessities.
E. All of these statements about income distribution are correct.
Answer: A. About half of all households had income of less than $50,000.
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Marketing
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