In 2017, a household with an annual income of $80,000 would find itself in the
A) second quintile of the household income distribution.
B) third quintile of the household income distribution.
C) fourth quintile of the household income distribution.
D) fifth (highest) quintile of the household income distribution.
Correct Answer:
Verified
Q71: The Lorenz curve portrays
A)the functional distribution of
Q72: The Gini ratio
A)measures the relative extent of
Q73: Census data indicate that, as of 2017,
Q74: The highest quintile of households in the
Q75: In 2017, the highest quintile of households
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