The curve that indicates the percentage share of income earned by the percentage of families.

Question

Using the diagram above, which of the following is true? a. In country S the poorest 30 percent of the population receive 13 percent of the available income in country S. b. In country T the richest 10 percent of the population receive 23 percent of the available income in country T. c. In country S the richest 10 percent of the population receive 55 percent of the available income in country S. d. Country S has a more equal distribution of income than does country T. e. None of the above is true.

Answer 1

Question

Chapter 12, Problem 16SQ

To determine

The curve that indicates the percentage share of income earned by the percentage of families.

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