In distribution A, the poorest quintile, or 20 percent of the population, receives poorest three quintiles, or bottom 60 percent of the income distribution, receive percent of the income. The percent of the income. Quintile A B Poorest 10.5 2.5 Second 13.2 6.8 Middle 21.6 13.9 Fourth 26.4 24.2 Richest 28.3 52.6
In distribution A, the poorest quintile, or 20 percent of the population, receives poorest three quintiles, or bottom 60 percent of the income distribution, receive percent of the income. The percent of the income. Quintile A B Poorest 10.5 2.5 Second 13.2 6.8 Middle 21.6 13.9 Fourth 26.4 24.2 Richest 28.3 52.6
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.15P
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Transcribed Image Text:In distribution A, the poorest quintile, or 20 percent of the population, receives
poorest three quintiles, or bottom 60 percent of the income distribution, receive
percent of the income. The
percent of the income.

Transcribed Image Text:Quintile
A
B
Poorest
10.5
2.5
Second
13.2
6.8
Middle
21.6
13.9
Fourth
26.4
24.2
Richest
28.3
52.6
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