From 1970 to 2009 did the distribution of income become more equal or more unequal How did the richest quintiles share change FIGURE 19 5 The U S Gini Ratio 1970 2009 Gini ratio 0 48 0 46 0 44 0 42 0 40 0 38 1970 Year Changes in definitions break series 1980 1990 Upward trend in inequality 2000 201...

Based on the image the distribution of income in the United States has beco ...

From 1970 to 2009 did the distribution of income become more equal or more unequal? How did

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From 1970 to 2009 did the distribution of income become more equal or more unequal?

How did the richest quintile’s share change? image text in transcribed

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Microeconomics

ISBN: 9780131394254

10th Edition

Authors: Michael Parkin

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From 1970 to 2009 did the distribution of income become more equal or more unequal? How did

Question:

FIGURE 19.5 The U.S. Gini Ratio: 1970-2009 Gini ratio 0.48 0.46 0.44. 0.42 0.40 0.38 1970 Year Changes in definitions break series 1980 1990 Upward trend in inequality 2000 2010

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Microeconomics

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