Suppose That We Compare Shares of Income Earned by Different

question 64

Multiple Choice

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?

• A)Shares of income remain roughly constant as we move from the lowest quintile to the highest quintile.
• B)Shares of income decrease as we move from the lowest quintile to the highest quintile.
• C)Shares of income increase as we move from the lowest quintile to the highest quintile.
• D)none of the above

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