Census data indicate that, as of 2014, the top fifth of all households receive about times as much income as the bottom fifth.
A) sixteen
B) twelve
C) eight
D) three
Correct Answer:
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Q10: The highest quintile of households in the
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
Q16: The movement of individuals and households from
Q17: Income mobility
A) contributes to greater wealth inequality
Q18: The lowest quintile of households in the
Q19: Suppose the members of population A, consisting
Q20: Which of the following Gini ratios indicates
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