Focusing on the share of income going to each income quintile overlooks the fact that most households in the bottom quintile consist of one person living alone,and _____

Question

Quizplus · Accepted Answer

The correct answer highlights the disparity in household composition between the bottom and top income quintiles, emphasizing that the top quintile has a significantly lower proportion of single-person households compared to the bottom quintile. This contrast is most starkly illustrated by stating that only 1 in 16 households in the top quintile consist of one person living alone, suggesting a more complex household structure that could affect income distribution and comparisons.

Focusing on the Share of Income Going to Each Income