The highest quintile of households in the income distribution (as of 2014)
A) receives about 51 percent of the total income.
B) comprises 10 percent of all households.
C) comprises 5 percent of all households.
D) receives about 43 percent of the total income.
Correct Answer:
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Q5: The greater the area between the Lorenz
Q6: The Gini ratio of income inequality ranges
Q7: In the quintile distribution of income, the
Q8: In 2014, the highest quintile of households
Q9: The Lorenz curve
A) plots graphically the poverty
Q11: The Gini ratio
A) measures the relative extent
Q12: Which of the following Gini ratios indicates
Q13: In 2014, a household with an annual
Q14: In 2014, a household with an annual
Q15: Census data indicate that, as of 2014,
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