From this table (Typical Size Distribution of Personal Income ina Developing Country), what is the income share of the top30% of the population?Individuals1234567991011121314151617181920Total (national income)8.96444.528.5Personal Income(money units)0.81.01.41.81.92.0NNNS2.42.72.83.03.43.84.24.85.97.110.512.013.515.0100.0Share of Total Income (%)Quintiles59132251100Deciles1.83.23.95.15.87.29.013.022.528.5100.0

Income distribution refers to the way in which a country or a specific population's total income is…

Answered: From this table (Typical Size…

ENGR.ECONOMIC ANALYSIS

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Author:NEWNAN

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Chapter1: Making Economics Decisions

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From this table (Typical Size Distribution of Personal Income in a Developing Country), what is the income share of the top 30% of the population? Individuals 1 2 3 Personal Income (money units) 0.8 1.0 1.4 Share of Total Income (%) Quintiles Deciles 1.8