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Which would be evidence of an increase in income inequality over time in the United States? O a decrease in the percentage of total personal income received by the highest quintile an increase in the percentage of total personal income received by the highest quintile an increase in the percentage of total personal income received by the four lowest quintiles an increase in the percentage of total personal income received by the lowest quintile

Which would be evidence of an increase in income inequality over time in the United States? O a decrease in the percentage of total personal income received by the highest quintile an increase in the percentage of total personal income received by the highest quintile an increase in the percentage of total personal income received by the four lowest quintiles an increase in the percentage of total personal income received by the lowest quintile

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter15: Poverty And Economic Inequality
Section: Chapter Questions
Problem 47P: A group of 10 people have the following annual incomes:...
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Which would be evidence of an increase in income inequality over time in the United States? O a decrease in the percentage of total personal income received by the highest quintile O an increase in the percentage of total personal income received by the highest quintile O an increase in the percentage of total personal income received by the four lowest quintiles O an increase in the percentage of total personal income received by the lowest quintile
Transcribed Image Text:Which would be evidence of an increase in income inequality over time in the United States? O a decrease in the percentage of total personal income received by the highest quintile O an increase in the percentage of total personal income received by the highest quintile O an increase in the percentage of total personal income received by the four lowest quintiles O an increase in the percentage of total personal income received by the lowest quintile
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