Data from the World Bank for the top and bottom quintiles of the distribution of income in Costa Rica for two years are presented in Table: Costa Rica Income Distribution, Top and Bottom Quintiles.
Which of the following statements is correct for the time period based on the data in the table?
A) The incomes of those in the top quintile decreased.
B) The incomes of those in the bottom quintile increased.
C) The distribution of income has become more equal in the country.
D) The distribution of income has become more unequal in the country.
Correct Answer:
Verified
Q2: Assume that a country with total
Q3: Assume that a country with total
Q4: Table: Income Distribution in Four Countries
Q5: Table: Income Distribution in Four Countries
Q6: Data on the distribution of income for
Q8: Data from the World Bank for
Q9: Recent data from the World Bank
Q10: Table: Average Income and Distribution of
Q11: Table: Average Income and Distribution of
Q12: Table: Average Income and Distribution of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents