Which of the Following Is Not True About Income Quintiles

question 101

Multiple Choice

Which of the following is not true about income quintiles?

• 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
• E)A primary contributor to the larger share of income going to the top quintile has been the growth of two-earner households

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Definitions:

Performance Measure

Metrics or benchmarks used to gauge an individual's, department's, or organization's performance against expected results or goals.

Profit Margin

A financial ratio used to assess a company's profitability by dividing net income by revenue, demonstrating the percentage of revenue that constitutes profit.

Income From Operations

The income earned from a company's everyday core business operations, excluding income from investments and other non-operational sources.

Invested Assets

Assets that are purchased or acquired for long-term income potential or to benefit the business operations.