Questions: The top 10% of U.S. citizens own % of all U.S. wealth.
(A) 20
(B) 50
(C) 75
(D) 97
Transcript text: The top 10% of U.S. citizens own $\qquad$ \% of all U.S. wealth.
(A) 20
(B) 50
(C) 75
(D) 97
Solution
Solution Steps
Solution Approach
This question is a multiple-choice question asking for a specific percentage. Since it is a factual question, we can use Python to simulate a random choice selection to demonstrate how one might randomly select an answer from the given options.
Step 1: Understanding the Question
The question asks for the percentage of U.S. wealth owned by the top 10% of U.S. citizens. The options provided are 20%, 50%, 75%, and 97%.
Step 2: Analyzing the Options
To determine the correct answer, we consider the common knowledge regarding wealth distribution in the U.S. It is widely recognized that a significant portion of wealth is concentrated among the top earners.
Step 3: Selecting the Answer
Based on the analysis and common statistics, the selected answer is 75%. This indicates that the top 10% of U.S. citizens own \( 75\% \) of all U.S. wealth.