The highest 20 percent of households in the income distribution receive about:
A) 35 percent of total pre-tax income
B) 47 percent of total pre-tax income
C) 52 percent of total pre-tax income
D) 60 percent of total pre-tax income
E) 63 percent of total pre-tax income
Correct Answer:
Verified
Q66: Q67: If a high school graduate decides to Q68: The Lorenz curve is used to portray Q69: Q70: The lowest 20 percent of households in Q72: A positive effect of on-the-job training is Q73: If workers with similar educational levels and Q74: Human capital is best defined as: Q75: Which of the following involves the creation Q76: The most important determinant of labour income
A)the income-earning
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