c32sendout - 1. In the quintile distribution of income, the...

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1. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers. 2. Use the following diagram where curves (a) through (d) are for five different countries to answer questions 2-5. Income is equally distributed in: ( a ) ( b ) ( c ) ( d ) ( e ) P e r c e n t o f f a m i l i e s P ercent of incom e A) none of the countries shown. B) country b. C) countries a and e. D) country a. 3. Refer to the above diagram where curves (a) through (e) are for five different countries. The Gini ratio is lowest in country: A) a. B) b. C) c. D) e. 4. Refer to the above diagram where curves (a) through (e) are for five different countries. Of the countries listed below, income is most unequally distributed in country: A) a. B) b. C) c. D) d. 5. Refer to the above diagram where curves (a) through (e) are for five different countries. The Gini ratio is: A) zero in country (e) and 1 in country (a). B) greater in country (b) than in country (c). C) zero in country (a) and 1 in country (e). D) less than 0.5 in country (d). 6. Suppose population A, consisting of Al, Bob, Curt, Doris, and Ellie, receive annual incomes of $5000,
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$2500, $1250, $750, and $500, respectively. What percentage of total income is received by the richest quintile? A) 50 B) 5 C) 25 D) 20 7. Suppose population A, consisting of Al, Bob, Curt, Doris, and Ellie, receive annual incomes of $5000, $2500, $1250, $750, and $500, respectively. What percentage of total income is received by the lowest 60 percent of the income receivers in population A? A)
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This note was uploaded on 08/10/2010 for the course ASC 102 taught by Professor Johnh during the Spring '10 term at 카이스트, 한국과학기술원.

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c32sendout - 1. In the quintile distribution of income, the...

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