A(n) _____ provides guaranteed benefits for those who qualify under government transfer programs such as Social Security or Medicare.
a. entitlement program
b. excise tax
c. continuing resolution
d. biennial budget
e. employment benefits
Question 2
For the calculation of a Lorenz curve using quintiles, the:
a. first quintile contains the richest 50 percent of population.
b. first quintile contains the richest 20 percent of population.
c. first quintile contains the poorest 50 percent of population.
d. first quintile contains the poorest 20 percent of population.
e. last quintile contains the poorest 10 percent of population.
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