Suppose that in country A the 90:10 ratio is 2, while in country B the 90:10 ratio
Question:
Suppose that in country A the 90:10 ratio is 2, while in country B the 90:10 ratio is 4. Discuss the relative income inequality within the two countries. Do the 90:10 ratios tell you anything about the portion of global income earned by people in country A and country B?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
The 9010 ratio is a measure of income inequality that compares the income of the richest 10 of the population to that of the poorest 10 In country A t...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Which of the following activity bases would best be used to allocate setup activity to products? a. Number of inspections b. Direct labor hours c. Direct machine hours d. Number of production runs
-
What are the common reasons for the termination of a business alliance?
-
How should a board of directors be involved in the executive leadership of an organization?
-
What precautions should the auditor take in confirming accounts receivables?
-
The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31, 2014: June 8. Wrote off account of Kathy Quantel, $8,440. Aug. 14. Received...
-
The information necessary for preparing the December 31, 2021 year-end adjusting entries for Tonic Salon and Spa appears below. Tonic's fiscal year-end is December 31. a. On July 1, 2021, Tonic...
-
In 2009, those in the top 20th______ percentile of the U.S. income distribution earned about of the total U.S. income earned. a. 4 percent b. 20 percent c. 50 percent d. 75 percent e. 80 percent
-
Suppose that labor market experience is the only characteristic that influences wages. Suppose also that males and females have different levels of experience and have different "wage functions"...
-
All hedging relationships must be highly effective to qualify for special accounting treatment. What is meant by the term highly effective and why is its measurement important for financial managers?
-
Pharoah Company has the following items: Preferred Stock, $53000, common stock, $912000; treasury stock, $104000; Employee Benefit Obligations, $125000 and retained earnings, $453000. What total...
-
5. Two vectors, A and B are added together to form the vector C = A + B. The magnitude of these vectors are related as the following: Cx = 0, Cy A Sin 600+ B Sin 30 = Ax and By point in the positive...
-
Deep inside an ancient physics text you discover two vectors: A: 45.0 m @ 35.0 B: 15.0 m @ -20.0 Find a new vector R = A + B. Note: Find the magnitude and direction of vector R. Check your work by...
-
One vector is given as = 3.35 - 2.66 + 2.99k. A second vector is given as B = 1.84 + 5.72 + 1.44k. (The input below will accept answers with no more than 1% variation from the correct value.) What is...
-
An earthquake is started when two layers of rock under stress slip and wiggle past each other several times before coming to rest. This launches a wave through the rock, which violently wiggles the...
-
How many protons, neutrons, and electrons are in each of the following atoms or ions? . 12 e. 27 59NT:24
-
You have accepted the engagement of auditing the financial statements of the C. Reis Company, a small manufacturing firm that has been your auditee for several years. Because you were busy writing...
-
What is the length of life of the typical demand curve? Illustrate your answer.
-
If the general market demand for mens shoes is fairly elastic, how does the demand for mens dress shoes compare to it? How does the demand curve for womens shoes compare to the demand curve for mens...
-
If the demand for perfume is inelastic above and below the present price, should the price be raised? Why or why not?
-
What is strategy execution? Why is good strategy execution so important? As a part of good strategy execution, why is it important to match the company's strategy and structure? What are some ways to...
-
Imagine this scenario during a meeting: Someone expresses concern about whether new projects X and Y rollout dates should be before or after the organization's internal evaluation. Someone suggested...
-
A bank has studied its chequing accounts and found that 94% of all chequing accounts have been open for at least one year, the remaining percentage of chequing accounts have been open for less than a...
Study smarter with the SolutionInn App