In 2013 in the United States,the Poorest 20% of the Population

question 27

Multiple Choice

In 2013 in the United States,the poorest 20% of the population receive approximately _____ of aggregate income.

• A) 3.2%
• B) 8.5%
• C) 14.5%
• D) 19.5%

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Definitions:

Subscription Price

The price at which existing shareholders can buy more shares of a company, typically during a rights issue.

Value Of A Right

The value to shareholders of the right to purchase new shares issued by a company at a discount to the market price.

Rights Offering

A financial opportunity offered to existing shareholders to purchase additional shares at a discounted price before the new shares are offered to the public.

Rights Offering

An opportunity given to existing shareholders to purchase additional shares of the company's stock, often at a discount, before it is offered to the public.