In 1984, individual balances in private retirement plans were $865 billion. Twenty-five years later, they rose to
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In 1984, individual balances in private retirement plans were $865 billion. Twenty-five years later, they rose to almost $13 trillion. In general, balances in private retirement plans are not included in the 1 statistics that show rising income or wealth inequality. How might such an oversight affect our conclusions about inequality?
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People who are in the bottom four quartiles of the income and wealth distributi...View the full answer
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Related Book For 
The Economics of Public Issues
ISBN: 978-0134018973
19th edition
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
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