CountryNamibiaSouth AfricaBotswanaZambiaBrazilPer Capita Income (2017)$10,38012,87015,5103,81015,14013,43016,8601,76014,32055,98041,68034,70041,28048,700Percentage of Total Income Received by Highest DecileHondurasMexicoHaitiChinaUnited StatesFranceSpainGreat Britain.SwedenSource: World Development Indicators, World Bank, 2018.$ 23,316b. less than 30 percent of total income?2726252331313140373544525150Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets:Instructions: Enter your responses as a whole number.a. at least half of total income? CountryNamibiaSouth AfricaBotswanaZambiaBrazilPer Capita Income (2017)$10,38012,87015,5103,81015,14013,43016,8601,76014,32055,98041,68034,70041,28048,700Percentage of Total Income Received by Highest DecileHondurasMexicoHaitiChinaUnited StatesFranceSpainGreat Britain.SwedenSource: World Development Indicators, World Bank, 2018.$ 23,316b. less than 30 percent of total income?2726252331313140373544525150Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets:Instructions: Enter your responses as a whole number.a. at least half of total income?

Average per capita income means the total income generated within a country divided by its…

Country Namibia South Africa Botswana Zambia Brazil Per Capita Income (2017) $10,380 12,870 15,510 3,810 15,140 13,430 16,860 1,760 14,320 55,980 41,680 34,700 41,280 48,700 Percentage of Total Income Received by Highest Decile 52 27 26 25 23 Honduras Mexico Haiti China United States France Spain Great Britain Sweden Source: World Development Indicators, World Bank, 2018. Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets: 31 31 31 40 37 35 44 51 50

Country Namibia South Africa Botswana Zambia Brazil Per Capita Income (2017) $10,380 12,870 15,510 3,810 15,140 13,430 16,860 1,760 14,320 55,980 41,680 34,700 41,280 48,700 Percentage of Total Income Received by Highest Decile 52 27 26 25 23 Honduras Mexico Haiti China United States France Spain Great Britain Sweden Source: World Development Indicators, World Bank, 2018. Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets: 31 31 31 40 37 35 44 51 50

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter18: Poverty And Redistribution

Section: Chapter Questions

Problem 1.1P

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