What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. The data in the table characterizes the income distribution for a country. Income category first quintile Share of income (%) 5.0 second quintile 13.0 third quintile fourth quintile 25.0 fifth quintile 34.0 percentage of population in second quintile:
What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. The data in the table characterizes the income distribution for a country. Income category first quintile Share of income (%) 5.0 second quintile 13.0 third quintile fourth quintile 25.0 fifth quintile 34.0 percentage of population in second quintile:
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter15: Poverty And Economic Inequality
Section: Chapter Questions
Problem 6SCQ: A group 0f 10 people have the following annual incomes:...
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Transcribed Image Text:What percentage of the total population is categorized as
belonging to the second quintile? Give your responses as
whole numbers.
The data in the table characterizes the income distribution for
a country.
Income
category
first quintile
Share of income
(%)
5.0
second quintile
13.0
third quintile
fourth quintile
25.0
fifth quintile
34.0
percentage of population in second quintile:
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