The highest quintile of households in the income distribution:
A) receives about 51 percent of the total income.
B) is comprised of 10 percent of all households.
C) is comprised of 5 percent of all households.
D) receives about 43 percent of the total income.
Correct Answer:
Verified
Q2: The movement of individuals and households from
Q3: The Lorenz curve portrays
A) the functional distribution
Q14: Which of the following Gini ratios indicates
Q16: The Gini ratio:
A) measures the relative extent
Q18: The lowest quintile of households in the
Q20: In 2011,the highest quintile of households in
Q22: Housing subsidies for low-income households
A)represent a cash
Q23: Wealth in the United States is
A) distributed
Q25: Income
A) is a stock concept.
B) consists of
Q29: Each of the following contributes to income
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