Which of the following is true of a country where the median income is equal to the mean income?
A. The number of people with incomes lower than the mean is equal to the number of
people with an income greater than the mean.
B. The number of people with incomes lower than the mean is greater than the
number of people with an income greater than the mean.
C. The income earned by all elements of the population of the country is identical.
D. The number of people with incomes lower than the mean is lesser than the number
of people with an income greater than the mean.
E. Exactly half the population's income is lower than the mean.
Question 2
The Hundred Flowers Movement was based upon a saying of Confucius.
Indicate whether this statement is true or false.
Failure of the Equal Rights Amendment, 1972–1982
Race-Ethnicity and Income Extremes
How the Distribution of Education Affects the Distribution of Income
Data Used to Analyze Productivity in Country 1 and Country 2
Capital’s Share of Income in a Cross-Section of Countries
Suppose a country imports televisions. The country's supply and demand curves are shown in ...