Question: 1. Use the income distribution data to answer the 4 questions below. PERCENTAGE OF THE POPULATION INCOME RECEIVED LOWEST 20% 3.3 SECOND 20% 9.6 THIRD
1. Use the income distribution data to answer the 4 questions below.
PERCENTAGE OF THE POPULATION INCOME RECEIVED
LOWEST 20% 3.3
SECOND 20% 9.6
THIRD 20% 17.7
FOURTH 20 % 22.2
HIGHEST 20% 47.2
State the cumulative percent of income received by 20% of the population. ________
State the cumulative percent of income received by 40% of the population. ________
State the cumulative percent of income received by 60% of the population. ________
State the cumulative percent of income received by 80% of the population. ________
5. State the 3 ways to measure income distribution and poverty.
1. ____________________________________________________
2._____________________________________________________
3. ___________________________________________________
6. State how the United States measures poverty. _____________________
7. State one determinant of poverty in the United States. _________________
8. Give an example of a cash transfer. ______________________
9. Give an example of an in-kind transfer. ___________________
10. State 2 reasons for the growing income inequality.
1. ____________________________________________
2. ____________________________________________
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