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.

View Complete Question

Related Questions in Microeconomics

Q : Problem regarding Inferior Goods

Subsequent to Fred received a promotion and a big raise; he bought some macaroni and cheese dinners. For Fred, the: (1) Demand for the macaroni and cheese dinners is not predictable. (2) Macaroni and cheese dinners are the normal goods. (3) Demand for cheese and macar

Q : Difference between voluntary and

Difference between voluntary and involuntry employment: Voluntary unemployment is that portion of working force not willing to engage itself is a gainful occupation. An Involuntary unemployment is that portion of labour force that is willing and capab

Q : Present Value of a Perpetuity When the

When the interest rate is 5%, in that case the present value of a perpetuity which pays $500 each year beginning a year by today equals: (1) $500. (2) $1000. (3) $2500. (4) $5000. (5) 10,000. Can s

Q : Problem on demand for sport utility

Can someone help me in finding out the right answer from the given options that the demand for sport utility vehicles is most probable to decline in response to main rises in: (1) Consumer’s income. (2) The number of consumers. (3) Relative prices for pickups an

Q : Enhancing society economic efficiency

Society-extensive economic efficiency is most probable to be improved by: (1) competitive advertising. (2) cooperation between firms in a cartel. (3) increases in asymmetric information. (4) informative advertising. (5) wage and price controls. <

Q : Excess demand for commodity When do we

When do we state that there is an excess demand for a commodity in the market?

Q : What are the Components of capital

Components of capital account: (i) Foreign investment (ii) Foreign loans (iii) Banking capital and other capital (iv) Monetary movements.

Q : Setting price and produces an output

Assume that Babble-On’s patents for speech-translation software covering 314 languages lapsed, as well as entry of new competitors within this market eroded the demand for Babble-On software, but the firm retains several market powers since competitors’ pr

Q : Disparities in relative distributions

Disparities into the relative distributions of two variables can be demonstrated with: (w) Lorenz curves. (x) Friedman curves. (y) Engels curves. (z) Sowell curves. I need a good answer on the topic of Econ

Q : Average variable costs per generic of

Average variable costs per generic 2×4 of this pure competitor’s equal roughly: (w) $0.20 (20¢ per 2×4). (x) $1.00 per 2×4. (y) $1.70 per 2×4. (z) $2.10 per 2×4.

Discover Q & A

Leading Solution Library

Avail More Than 1423924 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1935700
Asked

3,689

Active Tutors

1423924

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment