Asked by CLAUDIA AVILA on May 16, 2024
Verified
How has quintile distribution of income in Canada changed between 1976 and 2011?
A) All quintiles except the top one earned a smaller share.
B) All quintiles except the bottom one earned a larger share.
C) All quintiles except the top one earned a larger share.
D) All quintiles except the bottom one earned a smaller share.
Quintile Distribution
A statistical measure used to divide a population into five equal groups based on a particular variable, such as income.
Income Share
The portion or percentage of national income or personal revenue received by an individual or group, often studied in the context of economic inequality.
- Evaluate the changes in income distribution in Canada over time.
Verified Answer
SA
Sangeeta AgarwalMay 17, 2024
Final Answer :
A
Explanation :
Between 1976 and 2011 in Canada, income distribution saw the top quintile increasing its share of income, while the other four quintiles experienced a decrease in their share, indicating growing income inequality.
Learning Objectives
- Evaluate the changes in income distribution in Canada over time.
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