In 2011,the highest quintile of households in the U.S.income distribution received about:
A) 43 percent of total income.
B) 55 percent of total income.
C) 62 percent of total income.
D) 51 percent of total income.
Correct Answer:
Verified
Q2: The movement of individuals and households from
Q3: The Lorenz curve portrays
A) the functional distribution
Q16: The Gini ratio:
A) measures the relative extent
Q18: The lowest quintile of households in the
Q19: The highest quintile of households in the
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
Q26: In the United States,
A)taxes decrease, but transfers
Q29: Each of the following contributes to income
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents