1. Sketch the shape of the top 1% wealth share from 1910 to 2010. 

2. Why is median wealth held by households not equal to mean wealth in the United States? Explain briefly. 

3. List the two largest components of household wealth for the bottom 90% of the population in the United States. 

4. Do children have equal opportunity in the United States? 

5.Discuss by describing the studies by Raj Chetty and his co-authors and their main findings

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1 The shape of the top 1 wealth share from 1910 to 2010 in the United States follows a Ushaped pattern In the early 20th century the top 1 held a very ... View the full answer