The following question refers to income inequality and the Lorenz curve. Answer the question below: - Does it matter if some people are much richer than others? - Who are the top 1 percent in income and what are the effects of demography on social inequality in various regions of the world today? - Why has income inequality worsened? - Does wealth distribution follow a similar pattern from generation to generation? What do experts say is the best way to shrink the wealth gap?

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A: Answer - "Thank you for submitting the questions. But, we are authorized to solve one question at a…

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A:

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Q: 5. Make an eyeball estimate of what percent of US wealth is owned by the poorest 20 percent.

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