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Question
An income inequality ratio of 10.0 means that
a. the income in an economy is 10 times that of other comparable economies.
b. individuals in the top fifth of the economy earn 10 times as much as those in the other four income groups.
c. individuals in the top fifth of the economy earn 10 times as much as those in the lowest income group.
d. individuals in the top fifth of the economy earn 10 times as much as those in the second-highest income group.
e. each income quintile in an economy earns 10 percent more than the immediately lower quintile.
Answer
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Related questions
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