As of 2010, to Be in the Bottom Quintile for Income

question 66

Multiple Choice

As of 2010, to be in the bottom quintile for income distribution in the United States, a family needed in income no more than

• A) $15,000.
• B) $21,000.
• C) $27,000.
• D) $35,000.

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Definitions:

Interest Rate

The rate at which borrowers are charged interest for the money they lend from a creditor.

Antique

An item of considerable age valued for its aesthetic or historical significance.

Pleasure

A feeling of happiness, satisfaction, or enjoyment derived from experiences or activities.

Interest Rate

The proportion of a total amount of money levied for borrowing it, usually communicated as a yearly rate.