AVERAGE INCOME PER FAMILY Distributed by income group TOP 0.01% $23,846,950 Top 0.01% Top o.01-0.1% Top 1% I Top 1-10% I Bottom go% TOP 0.01-0.1% $2,802,020 24 TOP 1% $1,019,089 TOP 1-10% $161,139 $. воттом 9ох $29,840 $4 2010 data includes capital gains Source. Emmanuel Saez, University of California Berkeley

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 5SCQ: Investors sometimes fear that a high-risk investment is especially likely to have low returns. Is...
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What does this chart say about the 1%?

AVERAGE INCOME PER FAMILY
Distributed by income group
тоP О.01%
$23,846,950
Top o.01%
Top o.01-0.1%
Тоp 1%
Тор 1-10%
24
тоP О.01-0.1%
$2,802,020
Bottom g0%
2.
тоP 1%
$1,019,089
тOP 1-10%
$161,139
воттом 90%
$29,840
2010 data. Includes capital gains. Source: Emmanuel Saez, University of California-Berkeley
Transcribed Image Text:AVERAGE INCOME PER FAMILY Distributed by income group тоP О.01% $23,846,950 Top o.01% Top o.01-0.1% Тоp 1% Тор 1-10% 24 тоP О.01-0.1% $2,802,020 Bottom g0% 2. тоP 1% $1,019,089 тOP 1-10% $161,139 воттом 90% $29,840 2010 data. Includes capital gains. Source: Emmanuel Saez, University of California-Berkeley
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