The highest fifth of all families receive approximately ____ of the distribution of annual money income among families

a. 5 percent
b. 10 percent
c. 25 percent
d. 50 percent

d

Economics

You might also like to view...

Regressive taxes have a negative impact on citizens while progressive taxes have a positive impact

Indicate whether the statement is true or false

Economics

If the real interest rate in the economy is i and the expected rate of return on additional investment is r, then other things equal:

A. investment will take place until i and r are equal. B. investment will take place until r exceeds i by the greatest amount. C. r will rise as more investment is undertaken. D. i will fall as more investment is undertaken.

Economics