Census Data Indicate That, as of 2014, the Top Fifth

question 72

Multiple Choice

Census data indicate that, as of 2014, the top fifth of all households receive about times as much income as the bottom fifth.

• A) sixteen
• B) twelve
• C) eight
• D) three

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Definitions:

Unemployed

Individuals who are without a job and actively seeking work.

Coined

Typically used to describe the creation of a new word or phrase, or the act of making coins.

Corporations

Legal entities that are separate and distinct from their owners, allowing them to own assets, incur liabilities, and enter into contracts.

Stock

Represents ownership in a corporation, giving holders a claim on part of the company’s assets and earnings.