Asked by Osayama Jackie on May 07, 2024
Verified
How much is the percentage of income received by the middle three quintiles on line S?
Middle Three Quintiles
The segments of the population that fall into the second, third, and fourth quintiles when dividing the total population into five equal groups based on income or wealth.
Income Received
It refers to the total amount of money obtained by individuals or entities typically through employment, investments, or other sources.
- Assess and investigate the share of income received by various quintiles.
Verified Answer
AC
Learning Objectives
- Assess and investigate the share of income received by various quintiles.