Multiple Choice
The income distribution in the United States is
A) considered evenly distributed because income has increased, on average, evenly for all wage earners
B) has a normal distribution because the highest bracket of income earners is still at the medium wage
C) considered skewed since a very small percentage of households can earn very high incomes and a large percentage of households earn low incomes.
D) evenly proportioned as income is proportionate to skills.
Correct Answer:
Verified
Correct Answer:
Verified
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Q19: The poverty line<br>A)is the income threshold for
Q20: An example of an absolute measure of
Q21: Which of the following would most likely
Q22: A tool used to show the levels
Q24: Consider Figure 8 from your text.Which of
Q25: An absolute measure of poverty<br>A)uses position in
Q26: The 85:15 ratio<br>A)compares the income of household
Q27: Less than _ percent of population in
Q28: A measurement of income inequality that compares