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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