Table: Average Income and Distribution of Income Data provides recent data from the World Bank on average income and the distribution of income in four countries.
According to the data in the table, which statement is correct regarding the situations of Sri Lanka and Mongolia?
A) The average household is more prosperous in Mongolia than in Sri Lanka.
B) Average income in the top quintile is higher in Mongolia than in Sri Lanka.
C) Average income in the bottom quintile is higher in Mongolia than in Sri Lanka.
D) There is a bigger gap in average income between the top and bottom quintiles in Mongolia than in Sri Lanka.
Correct Answer:
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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
Q14: Use the World Bank data in Table:
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