Based on U

question 415

Multiple Choice

Based on U.S. income data from 2011, the bottom fifth of all families received approximately what percent of all income?

• A)48.9 percent
• B)21.3 percent
• C)8.6 percent
• D)3.8 percent

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Definitions:

Ratio Form

A presentation format for financial statements or equations where components are displayed as a proportion of a whole.

Assets Invested

The total value of physical and financial assets that have been allocated or deployed in various investments by an individual or organization.

Risk

The potential for losses or less-than-expected returns, present in all types of investments and business activities.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.