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Social Science Clinic => Economics => Microeconomics => Topic started by: berenicecastro on Jul 21, 2019

Title: Suppose that we compare shares of income earned by different U.S. groups by dividing all households ...
Post by: berenicecastro on Jul 21, 2019

Suppose that we compare shares 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?
◦ Shares of income decrease as we move from the lowest quintile to the highest quintile.
◦ Shares of income increase as we move from the lowest quintile to the highest quintile.
◦ Shares of income remain roughly constant as we move from the lowest quintile to the highest quintile.
◦ none of the above

Title: Suppose that we compare shares of income earned by different U.S. groups by dividing all households ...
Post by: macagn on Jul 21, 2019

Shares of income increase as we move from the lowest quintile to the highest quintile.

Title: Suppose that we compare shares of income earned by different U.S. groups by dividing all households ...
Post by: berenicecastro on Jul 21, 2019

Thanks

Title: Suppose that we compare shares of income earned by different U.S. groups by dividing all households ...
Post by: macagn on Jul 21, 2019

Welcome :)