Multiple Choice
Exhibit R-3 shows the percentage of income received by each population quintile. In Country II we can conclude that the
A) least-richest 20 percent of the population received 75 percent of the economy's income
B) least-richest 20 percent of the population received 25 percent of the economy's income
C) richest 20 percent of the population received 25 percent of the economy's income
D) richest 40 percent of the population received 25 percent of the economy's income
E) least-richest 40 percent of the population received 25 percent of the economy's income
Correct Answer:
Verified
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