This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Arguments for RedistributionThe table shows the distribution of money income, the income tax rate, ... (Read 2825 times)

booty5

  • Full Member
  • ***
  • Posts: 146
on: Nov 23, 2022
Arguments for Redistribution

The table shows the distribution of money income, the income tax rate, and the benefits the government provides to each quintile in Fairland.
HouseholdsIncome
(millions of dollars per year)		Income tax rateBenefits
(millions of dollars per year)
Lowest quintile4​011​
Second quintile14​10%8​
Third quintile20​18%1​
Fourth quintile23​28%0
Highest quintile35​39%0
After government taxes and redistribution, what is the percentage of total income for the second quintile? For the highest quintile?
Please round your final answer to two decimal places.
◦ 14.58%, 36.46%
◦ 25.20%, 14.92%
◦ 25.20%, 36.46%
◦ 14.58%, 14.92%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by booty5 on Nov 23, 2022

labrinker

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Nov 23, 2022
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 25% of students answer this correctly


booty5

  • Member
  • Posts: 146
Reply 2 on: Nov 23, 2022
Gracias!

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Use a step stool to help an infirm client get on and off the table. Use a step stool to help an infirm client get on and off the table.
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Population Distribution Population Distribution
Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ... Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ...
Population growth rate % Population growth rate %
table table
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library