menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 10
  4. Exam
    Exam 20: Income Inequality and Poverty
  5. Question
    Based on U
Solved

Based on U

Question 165

Question 165

Multiple Choice

Based on U.S. income data from 2011, the top fifth of all families received


A) about 3.8 percent more than the bottom fifth.
B) about 49 percent more than the bottom fifth.
C) approximately 5 times more income than the bottom fifth.
D) more than 12 times more income than the bottom fifth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q160: Table 20-5<br>Distribution of Income in Umakastan <img

Q162: Figure 20-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 20-3

Q162: According to the maximin criterion, income should

Q163: Which of the following explains the rise

Q164: Since the early 1970s, average incomes have<br>A)increased,

Q166: For a typical worker, her income will

Q167: The poverty line in the country of

Q168: Which of the following is not correct?<br>A)Poverty

Q169: According to utilitarians, the ultimate objective of

Q170: When the government provides poor families with

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines