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

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.15P
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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: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
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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