Solved

Use the Accompanying Table, Which Represents the Distribution of Income

Question 67

Multiple Choice

Use the accompanying table, which represents the distribution of income in the countries of Mateer and Coppock, to answer questions.  Mateer  Coppock 20 residents total 20 resilents total 10 residents earn $100,000 each 10 resilents eamn $75,000 each 10 residents earn $10,000 each 10 resilents eamn $25,000 each \begin{array} { l }\text { Mateer }&\text { Coppock }\\20 \text { residents total }&20 \text { resilents total }\\10 \text { residents earn } \$ 100,000 \text { each }&10 \text { resilents eamn } \$ 75,000 \text { each }\\10 \text { residents earn } \$ 10,000 \text { each }&10 \text { resilents eamn } \$ 25,000 \text { each }\\\end{array}

-What is the degree of income inequality in Mateer?


A) 0.1
B) 1
C) 10
D) 100
E) 1,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents