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

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