Table 20-4

Source: U.S. Bureau of Census
-Refer to Table 20-4.In 2007,the top fifth of families have

Question

Table 20-4
  
Source: U.S. Bureau of Census
-Refer to Table 20-4.In 2007,the top fifth of families have

Quizplus · Accepted Answer

According to Table 20-4, in 2007, the top fifth of families had an average income of $188,513, while the bottom fifth had an average income of $12,124. Dividing the top fifth's income by the bottom fifth's income gives us a ratio of approximately 15. Therefore, the top fifth of families had almost 15 times as much income as the bottom fifth of families.

Table 20-4 Source: U.S. Bureau of Census