Use the information provided in Problem 18 and in Fig. 19.3. a. What is the percentage of
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a. What is the percentage of total income that is redistributed from the highest income group?
b. What percentages of total income are redistributed to the lower income groups?
Transcribed Image Text:
100 80 60 Line of equality 40 ncome 20 20 60 90 100 Cumulative percentage of households
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a Redistribution lowers the highest income groups share ...View the full answer
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