In the United States, the top 20 percent of income earners earn:
A) approximately 20 percent of total income.
B) over 70 percent of total income.
C) approximately 50 percent of total income.
D) less than 20 percent of total income.
Correct Answer:
Verified
Q72: The graph shown displays the Lorenz curves
Q73: Which graph summarizes inequality visually?
A)Laffer curve
B)Income inequality
Q74: Perfect income equality means everyone in a
Q75: The graph shown displays the Lorenz curve
Q76: The _ the Lorenz curve lies from
Q78: Most countries in the world have Gini
Q79: The Lorenz curve demonstrates inequality visually, in
Q80: The _ bowed inward the Lorenz curve
Q81: In recent decades, inequality within counties has
Q82: One of the factors that causes differences
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