Table 20-14 Income Inequality in the United States

question 295

Short Answer

Table 20-14
Income Inequality in the United States
The values in the table reflect the percentages of pre-tax-and transfer income. Source: US Census Bureau
-Refer to Table 20-14. In 2010, how many more percentage points of total income did the top fifth of the population earn compared to if the income distribution were completely equal?

---

Definitions:

Cash Flows

The gross total of financial inflows and outflows from a business, critically influencing its liquidity position.

Rate of Interest

The percentage of an amount of money charged for its use per some period, often annually, reflecting the cost of borrowing money or the return on invested capital.

Initial Investment

Refers to the initial amount of money invested in a project, business venture, or asset, serving as the baseline for future return analysis.

Cash Inflows

The total amount of money being transferred into an entity, typically measured over a certain period and arising from operational, investment, and financing activities.