In 2011,a household with an annual income of $75,000 would find itself in the:
A) second lowest quintile of the household income distribution.
B) third quintile of the household income distribution.
C) fourth quintile of the household income distribution.
D) fifth (highest) quintile of the household income distribution.
Correct Answer:
Verified
Q3: The Lorenz curve portrays
A) the functional distribution
Q6: The Gini ratio of income inequality ranges
Q9: Which of the following countries has the
Q9: The Lorenz curve
A) plots graphically the poverty
Q10: Answer the question on the basis of
Q10: Which of the following Gini ratios indicates
Q14: Which of the following Gini ratios indicates
Q15: The greater the area between the Lorenz
Q16: The Gini ratio:
A) measures the relative extent
Q97: Income mobility
A)makes lifetime income inequality among income
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