Solved

If Income Were Equally Distributed Among Households

Question 240

Multiple Choice

If income were equally distributed among households,


A) each household's relative share of income would increase.
B) each household's relative share of income would decrease.
C) the top fifth of households would have 50 percent of the income.
D) 50 percent of the households would receive exactly 50 percent of the income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents