Solved

Table 20-1
the Following Table Shows the Distribution of Income

Question 133

Multiple Choice

Table 20-1
The following table shows the distribution of income in Choochooville.


 Group  Annual Family Income  Bottom Quartile (25%) $23,000 and below  Third Quartile $23,000 to $52,999 Second Quartile $53,000 to $82,999 Top Quartile $83,000 and above \begin{array} { | c | c | } \hline \text { Group } & \text { Annual Family Income } \\\hline \text { Bottom Quartile } ( 25 \% ) & \$ 23,000 \text { and below } \\\hline \text { Third Quartile } & \$ 23,000 \text { to } \$ 52,999 \\\hline \text { Second Quartile } & \$ 53,000 \text { to } \$ 82,999 \\\hline \text { Top Quartile } & \$ 83,000 \text { and above } \\\hline\end{array}
-Refer to Table 20-1. If the poverty line were $37,448, what would be the poverty rate?


A) Between 25% and 50%
B) Between 50% and 75%
C) Less than 25%
D) There is insufficient information to answer this question.

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