Table: Income Distribution in Four Countries provides recent data from the World Bank on the distribution of income infour countries.Percent income topquintilePercent incomemiddle three quintilescombinedO Bangladesh.Costa Rica.Table: Income Distribution in Four CountriesBangladesh El Salvador41.4%46.4%O Mexico.50.0%47.7%8.6%Percent incomebottom quintileBased on the data, the country with the distribution of income that is closest to equal is:El Salvador.Mexico50.1%5.9%44.2%Costa Rica54.0%5.7%41.8%4.2%

Income distribution refers to the way total income in a country or a population is distributed among…

Table: Income Distribution in Four Countries provides recent data from the World Bank on the distribution of inco four countries. Percent income top quintile Percent income middle three quintiles combined Bangladesh. Table: Income Distribution in Four Countries Bangladesh El Salvador 41.4% 46.4% Costa Rica. 50.0% 47.7% 8.6% Mexico 50.1% Percent income bottom quintile Based on the data, the country with the distribution of income that is closest to equal is: El Salvador. 5.9% 44.2% Costa Rica 54.0% 5.7% 41.8% 4.2%

Table: Income Distribution in Four Countries provides recent data from the World Bank on the distribution of inco four countries. Percent income top quintile Percent income middle three quintiles combined Bangladesh. Table: Income Distribution in Four Countries Bangladesh El Salvador 41.4% 46.4% Costa Rica. 50.0% 47.7% 8.6% Mexico 50.1% Percent income bottom quintile Based on the data, the country with the distribution of income that is closest to equal is: El Salvador. 5.9% 44.2% Costa Rica 54.0% 5.7% 41.8% 4.2%

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

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Question

Table: Income Distribution in Four Countries provides recent data from the World Bank on the distribution of income in
four countries.
Percent income top
quintile
Percent income
middle three quintiles
combined
O Bangladesh.
Costa Rica.
Table: Income Distribution in Four Countries
Bangladesh El Salvador
41.4%
46.4%
O Mexico.
50.0%
47.7%
8.6%
Percent income
bottom quintile
Based on the data, the country with the distribution of income that is closest to equal is:
El Salvador.
Mexico
50.1%
5.9%
44.2%
Costa Rica
54.0%
5.7%
41.8%
4.2%

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