Question 9.29

9.29 Being on top also matters. The previous exercise noted that median household income decreased slightly between 2000 and 2013. The top 5% of households earned $196,440 or more in 2000 and $196,000 or more in 2013. It is important to note that these amounts are both in dollars of 2013 buying power, which allows us to compare the numbers directly. By what percentage did the income of top earners decrease between 2000 and 2013? How does this compare with the percentage decrease in median household income between 2000 and 2013?