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Table 20-i8 Quintile Bottom Fifth 4.3% Second Fifth 9.8% Middle Fifth 15.5% Four

ID: 1160549 • Letter: T

Question

Table 20-i8 Quintile Bottom Fifth 4.3% Second Fifth 9.8% Middle Fifth 15.5% Fourth Fifth Shares of IncomelShares of Income by Quintile, 2000 by Quintile, 2011 38% 3% 15.1% 23.0% 48.9% 22.890 op Fifth 47.4% Source: U.S. Bureau of Census Refer to Table 20-8. Comparing data from 2000 and 2011, which of the following statements is correct? O a. The bottom 40% of the population had a greater share of the income in 2011 than it did in 2001. ) b. The top 40% of the population had a greater share of the income in 2011 than it did in 2001 ° C. The middle 60% of the population had a greater share of the income in 2011 than it did in 2001 d. All of the above are correct.

Explanation / Answer

1.)

Right answer is (b)

The top 40 % of the population had a greater share of the income in 2011 than it did in 2001.

2)

Right answer is (C)

North American Free Trade Agreement:

Is an region economic agreement that seeks to promote trade among participating countries: Canada, Mexico and US.

3)

Right answer is (C)

Social benefit is = Private benefit+ External benefit.

=16+10

=26