Question

A summary of factors explaining the income of the families in top 20%, in the U.S. are: a. Married-couple families, aged under 35, with less than a high school degree. b. Single-parent family, who does not work full time, and with a college degree or more. c. Married-couple family, aged between 35 and 64 years with a college degree or more. d. Householders aged 65 and older, wife works full time, with less than a high school degree.

Answer 1

c. Married-couple family, aged between 35 and 64 years with a college degree or more

Step-by-step explanation:

• Family headed by individual between 45 and 54 age that have an average household income is $61111 and mean income is $77634 and per household member median income is $27,924 and highest median income $30,544 and it is between age 54 and 64
• Education increases by earning potential as individual and it enabling family to obtain one or more undergraduate degrees so that they can enter into a higher household income.
• so here correct option is c. Married-couple family, aged between 35 and 64 years with a college degree or more