The movement of individuals and households from one income quintile to another over time is called
A) income averaging.
B) wealth turnover.
C) income mobility.
D) the ratchet effect.
Correct Answer:
Verified
Q3: The Lorenz curve portrays
A) the functional distribution
Q4: In 2014, the average income for households
Q4: Income mobility
A)makes lifetime income inequality among income
Q5: Which of the following countries has the
Q8: Suppose the members of population A, consisting
Q9: The Lorenz curve
A) plots graphically the poverty
Q10: The highest quintile of households in the
Q10: Which of the following Gini ratios indicates
Q13: In 2014, a household with an annual
Q14: In 2014, a household with an annual
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