Table 21.2 : The above table lists the incomes for the 5 people who live in the small country of Mysteria.
-Refer to Table 21.2. The middle 20 percent of earners took home ________ of all income earned in Mysteria.

Question

Table 21.2 :  The above table lists the incomes for the 5 people who live in the small country of Mysteria.
-Refer to Table 21.2. The middle 20 percent of earners took home ________ of all income earned in Mysteria.

Quizplus · Accepted Answer

The middle 20 percent of earners, often referred to as the middle quintile, typically represents the middle class in income distribution studies. Without the specific data from Table 21.2, a common understanding is that the middle quintile does not capture the majority of income, which is often concentrated at the top. Given the options, 18% is a plausible figure for the middle 20 percent's share of total income, reflecting income inequality where the middle class earns a fraction of total income, more than the very lowest earners but significantly less than the highest earners.

Table 212 : the Above Table Lists the Incomes for for the 5