This topic contains a solution. Click here to go to the answer

Author Question: The table shows the income share for each household quintile and the cumulative shares.Households ... (Read 223 times)

curls713

  • Full Member
  • ***
  • Posts: 153

Question 1

Income Inequality and Poverty Rates

The table shows the distribution of money income in Fakelandia.
HouseholdsMoney income (percentage)
Lowest 20 percent4.9
Second 20 percent12.9
Third 20 percent16.9
Fourth 20 percent24.5
Highest 20 percent40.8
What is the cumulative percentage of income earned by the bottom 80 percent of households?
◦ 24.5%
◦ 95.1%
◦ 59.2%
◦ 12.9%

Question 2

The table shows the income share for each household quintile and the cumulative shares.
Households (quintile)Income (%)Income (cumulative %)
First8.48.4
Second13.7
Third39.3
Fourth23.6
Fifth
What is the income (%) for the third quintile? What is the income (cumulative %) for the fourth quintile?
◦ 25.6%, 62.9%
◦ 17.2%, 62.9%
◦ 17.2%, 40.8%
◦ 25.6%, 40.8%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by curls713 on Nov 23, 2022

studyforce.com

  • Full Member
  • ***
  • Posts: 193
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




curls713

  • Member
  • Posts: 153
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Excellent

 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library