The average worker in the top 10th percentile of the income distribution had an income of $200,000 in the previous year and $220,000 in the current year, while the average worker in the bottom 10th percentile had an income of $15,000 in the previous year and $18,000 in the current year. What is the 90/10 ratio for these years, and what does it tell you about income inequality?

Answer rating: 100% (QA)

Heres a response to the accounting question ensuring originality and addressing the prompts requirem... View the full answer