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 B, the poorest two quintiles, or bottom 40 percent of the income distribution, receive of the income. The poorest four quintiles receive percent of the income. percent
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 B, the poorest two quintiles, or bottom 40 percent of the income distribution, receive of the income. The poorest four quintiles receive percent of the income. percent
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.15P
Related questions
Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F758accb3-0c05-4879-b256-e4f3a293d375%2F9361c923-9901-4636-aacd-d93557b9af78%2Flb0p5u_processed.png&w=3840&q=75)
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
![In distribution B, the poorest two quintiles, or bottom 40 percent of the income distribution, receive
of the income. The poorest four quintiles receive
percent of the income.
percent](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F758accb3-0c05-4879-b256-e4f3a293d375%2F9361c923-9901-4636-aacd-d93557b9af78%2Fq81ued5_processed.png&w=3840&q=75)
Transcribed Image Text:In distribution B, the poorest two quintiles, or bottom 40 percent of the income distribution, receive
of the income. The poorest four quintiles receive
percent of the income.
percent
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