Suppose that we compare of income earned by different U.S groups by dividing all households into five groups. Which of the following statements about the income distribution in the United States is correct?
4 answers
What following statements?
No.
If these are your choices, C is also wrong.
A. Shares of income increase as we move from the lowest quintile to the highest quintile.
B. Shares of income remain roughly constant as we move from the lowest quintile to the highest quintile.
C. Shares of income decrease as we move from the lowest quintile to the highest quintile.
D. none of the above
A. Shares of income increase as we move from the lowest quintile to the highest quintile.
B. Shares of income remain roughly constant as we move from the lowest quintile to the highest quintile.
C. Shares of income decrease as we move from the lowest quintile to the highest quintile.
D. none of the above
B. Shares of income remain roughly constant as we move from the lowest quintile to the highest quintile.
3 answers