Economists Cox and Alm compared the gap between rich and poor and found that the richest 20% was about 15 times better off than the poorest 20% when they compared what data?

Gap Between Rich And Poor

A term describing the widening disparity in wealth and income between the wealthiest and the poorest segments of a population.

Richest 20%

The segment of a population that holds the highest 20% of wealth or income.

Poorest 20%

Refers to the lowest quintile in an income distribution, representing the 20% of the population with the lowest income.