In 2014, a household with an annual income of $23,000 would find itself in the
A) highest quintile of the household income distribution.
B) lowest quintile of the household income distribution.
C) second lowest quintile of the household income distribution.
D) second highest quintile of the household income distribution.
Correct Answer:
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Q8: In 2014, the highest quintile of households
Q9: The Lorenz curve
A) plots graphically the poverty
Q10: The highest quintile of households in the
Q11: The Gini ratio
A) measures the relative extent
Q12: Which of the following Gini ratios indicates
Q14: In 2014, a household with an annual
Q15: Census data indicate that, as of 2014,
Q16: The movement of individuals and households from
Q17: Income mobility
A) contributes to greater wealth inequality
Q18: The lowest quintile of households in the
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