Exhibit 10-12 Income Distribution for Three Countries Exhibit 10-12 Shows the Percentage of Income Received by Each

Exhibit 10-12 Income distribution for three countries $$\begin{array} { | l | c | c | c | } \hline \text { Quintile } & \text { Country I (\%) } & \text { Country II (\%) } & \text { Country III (\%) } \\\hline \text { Poorest } & 6 & 8 & 4 \\\text { Second } & 12 & 12 & 8 \\\text { Third } & 15 & 15 & 10 \\\text { Fourth } & 27 & 30 & 30 \\\text { Richest } & 40 & 35 & 48 \\\hline\end{array}$$ Exhibit 10-12 shows the percentage of income received by each population quintile. In Country II we can conclude that the:

A) least-wealthy 40 percent of the population received 20 percent of the economy's income.
B) least-wealthy 20 percent of the population received 25 percent of the economy's income.
C) richest 20 percent of the population received 20 percent of the economy's income.
D) richest 40 percent of the population received 35 percent of the economy's income.