Distribution of income according to percentiles,such as the highest 40% or lowest 20% is known as the _______________ distribution of income.
A)size
B)functional
C)GNP-weighted
D)equal-weighted

Question

Quizplus · Accepted Answer

The size distribution of income refers to how income is distributed across different segments of the population, often categorized by percentiles or quintiles (e.g., the highest 40%, lowest 20%), to analyze economic inequality.

Distribution of Income According to Percentiles,such as the Highest 40