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How does this compare with the percentage increase

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Question: The median income of American households was $59,534 in 2007 and $61,372 in 2017. The top 5% of households earned $209,773 or more in 2007 and $237,034 or more in 2017. It is important to note that these amounts are in dollars of 2017 buying power, which allows us to compare the numbers directly. By what percentage did the income of top earners increase between 2007 and 2017? How does this compare with the percentage increase in the median household income between 2007 and 2017? The median income for the top 5 % of wage earners and the median income for all households from 2007 to 2017.

Reference no: EM133576416

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