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13 Dec 2019
In the United States, the poorest 10 percent of households earn approximately what share of total income?
A.
2%
B.
5%
C.
10%
D.
20%
E.
50%
In the United States, the poorest 10 percent of households earn approximately what share of total income?
| A. | 2% |
| B. | 5% |
| C. | 10% |
| D. | 20% |
| E. | 50% |
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Related textbook solutions
Related questions
1. The following income distribution data are for Brazil.
| Quintile | Percent Share |
| Lowest 20% | 3.0% |
| Second quintile | 6.9% |
| Third quintile | 11.8% |
| Fourth quintile | 19.6% |
| Highest 20% | 58.7% |
| Highest 10% | 43.0% |
Suppose one percent of national income were transferred from the richest 20% of households to the poorest 20% of households. Show the effect on relative inequality. (2 points)
