The quintile distribution of family income in the United States shows the percen

Question

The quintile distribution of family income in the United States shows

the percentage of total family income stemming respectively from wages, interest, profit, rent, and welfare grants or other transfers.

the percentage of total family income received by each 5 percent of U.S. families grouped by income.

the percentage of total family income spent on food, clothing, shelter, medical care, and essential services.

the average incomes of 5-person families grouped by age, sex, race, education, and similar factors.

the percentage of total income received by each 20 percent of U.S. families grouped by income.

the percentage of total family income stemming respectively from wages, interest, profit, rent, and welfare grants or other transfers.

the percentage of total family income received by each 5 percent of U.S. families grouped by income.

the percentage of total family income spent on food, clothing, shelter, medical care, and essential services.

the average incomes of 5-person families grouped by age, sex, race, education, and similar factors.

the percentage of total income received by each 20 percent of U.S. families grouped by income.

Explanation / Answer

Answer is The percentage of total income received by each 20% of US families grouped by income.

Explanation:

The quintile income group the economy is divided into 5 group starting from group with lower income and then higher income group. The income distribution statement shows the average income of each group and other related data.

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