What does this chart say about the 1%? AVERAGE INCOME PER FAMILYDistributed by income groupтоP О.01%$23,846,950Top o.01%Top o.01-0.1%Тоp 1%Тор 1-10%24тоP О.01-0.1%$2,802,020Bottom g0%2.тоP 1%$1,019,089тOP 1-10%$161,139воттом 90%$29,8402010 data. Includes capital gains. Source: Emmanuel Saez, University of California-Berkeley

Per capita income means average income of population. It is the ratio of total income and total…

AVERAGE INCOME PER FAMILY Distributed by income group TOP 0.01% $23,846,950 Top 0.01% Top o.01-0.1% Top 1% I Top 1-10% I Bottom go% TOP 0.01-0.1% $2,802,020 24 TOP 1% $1,019,089 TOP 1-10% $161,139 $. воттом 9ох $29,840 $4 2010 data includes capital gains Source. Emmanuel Saez, University of California Berkeley

AVERAGE INCOME PER FAMILY Distributed by income group TOP 0.01% $23,846,950 Top 0.01% Top o.01-0.1% Top 1% I Top 1-10% I Bottom go% TOP 0.01-0.1% $2,802,020 24 TOP 1% $1,019,089 TOP 1-10% $161,139 $. воттом 9ох $29,840 $4 2010 data includes capital gains Source. Emmanuel Saez, University of California Berkeley

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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