Based on 2016 data on the distribution of personal income: Multiple Choice 12.3 percent of all households receive $100,000 and above. 7.5 percent of all households receive $100,000 and above. 17.0 percent of all households receive $100,000 and above. 27.7 percent of all households receive $100,000 and above.

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter12: Income Distribution, Poverty, And Discrimination
Section: Chapter Questions
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Based on 2016 data on the distribution of personal income:
Multiple Choice
12.3 percent of all households receive $100,000 and above.
7.5 percent of all households receive $100,000 and above.
17.0 percent of all households receive $100,000 and above.
27.7 percent of all households receive $100,000 and above.
Transcribed Image Text:Based on 2016 data on the distribution of personal income: Multiple Choice 12.3 percent of all households receive $100,000 and above. 7.5 percent of all households receive $100,000 and above. 17.0 percent of all households receive $100,000 and above. 27.7 percent of all households receive $100,000 and above.
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