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# 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 e r c e n t o f i n c o m e 3. Refer to the above diagram where curves (a) through (e) are for five different countries. The Gini ratio is lowest in country: 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: 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?
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