The below table shows the distribution of income in two imaginary countries, Alpha and Beta. Household percentage
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Household percentage | Percent of income Alpha | Percent of income Beta |
Lowest 20 percent | 5 | 2 |
Second 20 percent | 10 | 7 |
Third 20 percent | 22 | 12 |
Fourth 20 percent | 30 | 22 |
Highest 20 percent | 33 | 57 |
The above table shows the distribution of income in two imaginary countries, Alpha and Beta.
a. In country Alpha how much income is shared by the bottom 60% of the population? In country Beta how much income is shared by the bottom 60% of the population?
b. Which country would it be hardest to get by if you were in the lowest 20%?
c. Which column of data is most similar to the income distribution in the United States?
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