78.1k views
3 votes
Who is included in the top income quintile?

a. The bottom 20% of income earners
b. The second-lowest 20% of income earners
c. The middle 20% of income earners
d. The top 20% of income earners

User Djneely
by
8.0k points

1 Answer

2 votes

Final answer:

The top income quintile includes the highest 20% of income earners. This group has gained a larger share of income over time, revealing an increase in income inequality.

Step-by-step explanation:

The question asks about the top income quintile and which group of earners it includes. Based on the data provided, the top quintile refers to the highest 20% of income earners in a given population. The quintile distribution is an important measure that highlights economic inequality. Over the years, the share of income for the top quintile in the U.S. has increased, indicating a rise in income inequality. Specifically, Census Bureau research has found that a significant part of this increase can be attributed to the top 5% of income earners.

User Muvimotv
by
8.8k points