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skywombat714Lv1
28 Sep 2019
1. The following income distribution data are for Brazil.
Quintile
Percent Share
Lowest 20%
3.0%
Second quintile
6.9%
Third quintile
11.8%
Fourth quintile
19.6%
Highest 20%
58.7%
Highest 10%
43.0%
Suppose one percent of national income were transferred from the richest 20% of households to the poorest 20% of households. Show the effect on relative inequality. (2 points)
1. The following income distribution data are for Brazil.
Quintile | Percent Share |
Lowest 20% | 3.0% |
Second quintile | 6.9% |
Third quintile | 11.8% |
Fourth quintile | 19.6% |
Highest 20% | 58.7% |
Highest 10% | 43.0% |
Suppose one percent of national income were transferred from the richest 20% of households to the poorest 20% of households. Show the effect on relative inequality. (2 points)
Raushan RajLv8
28 Sep 2019