Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 20 - Part VI - Income Inequality and Poverty - Quick Check Multiple Choice - Page 430: 1

Answer

B) 4, 45

Work Step by Step

Based on statistics, the poorest fifth of the population earns about 4 percent of all income, while the richest fifth earns about 45 percent in the United States.
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