In 2012, the bottom one-fifth of U.S. households earned ________ of the nations total income.
A) just over 3%
B) just under 9%
C) approximately 25%
D) just under 50%
Correct Answer:
Verified
Q20: A Gini coefficient is a number that
Q21: The more equal the income distribution in
Q22: The share of income received by different
Q23: Table 21.3 : Q24: In 2012, the top one-fifth of U.S. Q26: When we compare shares of income earned Q27: From 1970 to 2012, the Gini coefficient Q28: Among developed countries, the United States has Q29: In the United States, the Gini coefficient Q30: Generally speaking, income inequality is![]()
A)
A) higher in
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