Perfect income equality is achieved if each population quintile receives what percent of income?

Name: Perfect income equality is achieved if each population quintile receives what percent of income?
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

In a scenario of perfect income equality, income is distributed equally among all segments of the population. Since quintiles divide the population into five equal parts, each quintile would receive 20 percent of the total income, reflecting an equal share for each segment.

Perfect Income Equality Is Achieved If Each Population Quintile Receives