LABOR ECON-CONNECT ACCESS
8th Edition
ISBN: 9781264604197
Author: BORJAS
Publisher: MCG
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Question
Chapter 7, Problem 7P
To determine
The countries with the most equal and the most unequal income distribution.
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Students have asked these similar questions
This indicator calculates the proportion of the population with incomes below the estimated poverty line:
Select one:
a.
Head Count Ratio
b.
Income Gap Ratio
c.
Human Poverty Index
d.
Human Development Index
The table below shows information about the distribution of income in two countries. The rows are labeled "deciles" which are like
percentiles but for groups of 10% instead of 1% of the population. The 1St decile is the poorest 10%, for example, while the
10th decile is the richest 10%.
Coruscant
Naboo
cumulative income
cumulative income
decile
income share
share
income share share
1st
2.29%
2.29%
3.12%
3.12%
2nd
3.93%
6.22%
4.50%
7.62%
3rd
5.30%
11.52%
5.69%
13.31%
4th
6.56%
18.08%
6.80%
20.11%
5th
7.81%
25.89%
7.91%
28.02%
6th
9.14%
35.04%
9.11%
37.13%
7th
10.69%
45.73%
10.52%
47.65%
8th
12.71%
58.44%
12.37%
60.02%
9th
15.94%
15.32%
10th
25.61%
24.66%
mean income = 50,000
35,000
What is the cumulative income share for the bottom 9 deciles in Naboo?
Briefly describe any four census-related deficiencies as sources of geographical data.
Chapter 7 Solutions
LABOR ECON-CONNECT ACCESS
Knowledge Booster
Similar questions
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