The distribution of income in the United States is skewed so that the mode level of household income is ________ the median household income and the median household income is ________ than the mean household income.
A) less than; less than
B) less than; greater than
C) greater than; greater than
D) greater than; less than
Correct Answer:
Verified
Q2: The median household income is
A) the income
Q3: In the United States the poorest 20
Q4: Q5: The Lorenz curve graphs the Q6: A Lorenz curve graphs the Q7: The distribution of income in the United Q8: The distribution of U.S. income is NOT Q9: In the United States, the median household Q10: The mean household income is Q11: Market income is
A) cumulative percentage
A) percentage of
A) the income
A) wage, interest, rent, and
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