Which of the Following Is Not True About Income Quintiles

question 135

Multiple Choice

Which of the following is not true about income quintiles in the United States?

• A)Only one in seven households in the bottom quintile has anybody working full time.
• B)Only one in three households in the top quintile has anybody working at all.
• C)A primary contributor to the smaller share of income going to the bottom quintile has been the growth of single-parent households.
• D)Three out of four households in the top quintile have two or more working members.
• E)A primary contributor to the larger share of income going to the top quintile has been the growth of two-earner households.

Recognize different forms of property co-ownership and their effects on property rights.

Comprehend the legal mechanisms available for mortgage redemption and foreclosure.

Identify the role and limitations of registered covenants in real-property transactions.

Describe the implications of transferring fee simple interests and the rights associated with it.

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Definitions:

Libertarian Conservatives

A political ideology that combines conservative policies with libertarian principles, emphasizing limited government, personal freedom, and free-market capitalism.

Limited Government

A political ideology that advocates for minimal governmental intervention in personal liberties and the economy, emphasizing the importance of individual freedoms.

Free Markets

An economic system where prices for goods and services are determined by open competition between privately owned businesses.

Life Magazine

Life Magazine was an iconic American publication that provided photographic journalism of life, culture, and global events from 1936 to 2000.