Among the adult population of a certain town 50 per cent are males, 60 per cent are wage earners and 50 per cent are 45 years of age or over, 10 per cent of the males are not wage-earners and 40 per cent of the males are under 45. Make the best possible inference about the limits within which the percentage of persons (male or female) of 45 years or over are wage-earners?

Among the adult population of a certain town 50 per cent are males, 60 per cent are wage earners and 50 per cent are 45 years of age or over, 10 per cent of the males are not wage-earners and 40 per cent of the males are under 45. Make the best possible inference about the limits within which the percentage of persons (male or female) of 45 years or over are wage-earners?

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 36CTQ: Explain how a country may experience greater equality in the distribution of income, yet still...

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