Use the figure below to answer the following questions.

Figure 19.1.2
-Which point in Figure 19.1.2 indicates that the richest 20 percent of families earn 40 percent of the income?

Question

Use the figure below to answer the following questions.
  
Figure 19.1.2
-Which point in Figure 19.1.2 indicates that the richest 20 percent of families earn 40 percent of the income?

Quizplus · Accepted Answer

Point c indicates that the richest 20 percent of families earn 40 percent of the income. This is because the vertical line at point c intersects with the 40 percent mark on the horizontal axis, which corresponds to the income share of the top quintile (richest 20 percent) of families.

Use the Figure Below to Answer the Following Questions