The personal distribution of income in the United States shows that
A) income is equally distributed.
B) the poorest 20 percent of individuals receive approximately 20 percent of total income.
C) the richest 20 percent of individuals receive approximately 50 percent of total income.
D) the poorest 60 percent of individuals receive approximately 50 percent of total income.
E) the richest 20 percent of individuals receive approximately 25 percent of total income.
Correct Answer:
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Q52: Which factor of production is paid "interest"?
A)
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Q58: The income paid to labor is called
A)
Q59: The data show that more than 60
Q60: The personal distribution of income measures which
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