Asked by Lavkush Tamrakar on Jun 18, 2024
Verified
What is the percentage of income received by the lower three quintiles on line J?
Lower Three Quintiles
The bottom 60% of the population when divided by income or wealth, often used in analyses of income distribution.
Income
The monetary payment received by an individual or household for labor, investment, or other sources over a specific period.
- Acquire knowledge on how income is distributed among the different quintiles in the U.S. economic structure.
Verified Answer
CG
Learning Objectives
- Acquire knowledge on how income is distributed among the different quintiles in the U.S. economic structure.
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