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If the Median Income in Canada Is $50,000, It Means

Question 101

Multiple Choice

If the median income in Canada is $50,000, it means


A) that the poverty level is $50,000
B) that all Canadians earn $50,000
C) Canadians who earn $50,000 or more are classified as rich
D) 50 percent of Canadians who do not earn $50,000 earn less than $50,000 and 50 percent of Canadians who do not earn $50,000 earn more than $50,000
E) that the average income in Canada is $50,000

Correct Answer:

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