Table 20-8 Source: U.S. Bureau of Census

question 354

Multiple Choice

Table 20-8

Source: U.S. Bureau of Census
-Refer to Table 20-8.In 2008,the top fifth of families has

• A) about 12 times as much income as the bottom fifth of families.
• B) 6.8% more income than the bottom fifth of families.
• C) 47.8% more income than the bottom fifth of families.
• D) 96.6% more income than the bottom fifth of families.

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Definitions:

Ownership

The state or fact of possessing something, often referring to the holding of assets or property.

Staged Investment

The practice of injecting capital into a business in phases based on milestones or performance to reduce the investor's risk.

Risk Management

The practice of identifying, assessing, and controlling threats to an organization's capital and earnings.

Holding Period

The duration of time an investment is held before it is sold or disposed of, impacting the tax treatment of any profits or losses.