1
answer
0
watching
492
views

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)

For unlimited access to Homework Help, a Homework+ subscription is required.

Raushan Raj
Raushan RajLv8
28 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Start filling in the gaps now
Log in