The following table shows income distribution data for 2015 and 2020 from the World Bank in Colombia
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Question:
The following table shows income distribution data for 2015 and 2020 from the World Bank in Colombia and Dominican Republic respectively.
| QUINTILE | COLOMBIA | DOMINICAN REPUBLIC | ||
| 2015 | 2020 | 2015 | 2020 | |
| LOWEST 20% | 3.8 | 2.8 | 5 | 6.2 |
| SECOND 20% | 7.9 | 7.4 | 9.3 | 10.7 |
| THIRD 20% | 12.5 | 11.9 | 13.8 | 14.9 |
| FOURTH 20% | 20 | 19.6 | 20.9 | 21.7 |
| HIGHEST 20% | 55.8 | 58.3 | 51 | 46.5 |
a. Given the adoption of the Sustainable Development Goals (SDGs) by the UN in September 2015, what can you say about the effect on relative income inequality in these two countries?
b) illustrate this graphically
Expert Answer:
Answer A Attributing changes in income inequality solely to the SDGs is difficult as their effects are complex and intertwined with various other fact... View the full answer
Related Book For 
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
