--%>
Assignment Help - homework help

Quintile distribution of income

Give the answer of following question. 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.

   Related Questions in Microeconomics

  • Q : Effects of increasing the price raise

    Increasing the price as in demonstrated figure for DVD games will raise total revenue at the entire prices: (w) on this demand curve. (x) above $30. (y) below $30. (z) below $25. Hey friends please give your opinio

    		•
  • Q : Production possibility history of World

    Can someone help me in determining the right answer from the given options. Through the onset of World War-II, the United States: (i) Expanded the military output just by increases taxes rigorously. (ii) Moved in the direction of its production possibilities frontier.

    		•
  • Q : Best statement of association between

    Which of the given is the best statement of the association between macroeconomics and microeconomics: (w) Macroeconomics and microeconomics deal along with totally independent types of problems. (x) A clear line splits microeconomic questions from ma

    		•
  • Q : Interest rates of business investors in

    The interest rates business investors into economic capital should pay on a loan: (w) reflect the opportunity costs to society of funding one investment in place of another. (x) are relatively trivial investment costs by investors&rsq

    		•
  • Q : Calculating accounting profits The firm

    The firm has $70,000 in implicit costs, and the economic profit of $40,000. This firm’s: (i) Explicit cost equivalent $30,000. (ii) Accounting profits equivalent $110,000. (iii) Normal gain equivalents $40,000. (iv) Explicit costs equivalent $110,000.

  • Q : Impact of economy according to price

    If price ceiling or price floor were removed what is the impact on the economy?

    		•
  • Q : Determining national income Suppose an

    Suppose an economy is in equilibrium condition. Its consumption function is C = 300 +0.8Y and investment is 700 find out its national income.

    		•
  • Q : Moral Hazard-Equilibrium wage If

    If workers know that they are guaranteed a particular weekly wage and can simply find another job at this equilibrium wage, then some workers tend to loaf or shirk. This is an illustration of: (i) Adverse selection. (ii) Moral hazard. (iii) Demand and supply. (iv) Ine

    		•
  • Q : Principal-Agent Problems instance An

    An instance of the principal-agent trouble would be:  (i) The student failing an exam since he did not study. (ii) The crook being caught as he made much noise. (iii) My son purchase baseball cards with the money I gave him to purchase milk for t

    		•
  • Q : Production function explain the

    explain the properties of isoquants with diagram

    		•