For the Top 1 Percent of Income Distribution, the Share

question 88

Multiple Choice

For the top 1 percent of income distribution, the share of total income earned by households in this group was about ________ percent in 2016.

• A)9
• B)19
• C)44
• D)68

---

Definitions:

Due Diligence

The comprehensive appraisal of a business or investment opportunity to assess its commercial potential and risks.

Venture Capitalist Group

A collective or organization that invests large sums of money in startups and small enterprises with high growth potential in exchange for equity stakes.

Management Team

The group of high-level executives who direct the strategy, operations, and policies of a company.

Allocating Equity

The process of distributing ownership shares in a company among its founders, investors, and employees.