Consider two countries.In the first country,there are 1,000 individuals; among them,500 earn $20,000 per month and the remaining 500 earn $400 per month.In the second country,there are 1,000 people; among them,500 earn $12,000 per month and the remaining 500 people earn $600 per month.Which of the two countries has more inequality and which country is the poorer of the two?

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The Answer of Consider two countries.In the first country,there are 1,000 individuals; among them,500 earn $20,000 per month and the remaining 500 earn $400 per month.In the second country,there are 1,000 people; among them,500 earn $12,000 per month and the remaining 500 people earn $600 per month.Which of the two countries has more inequality and which country is the poorer of the two?

Consider Two Countries