When the income of the poorest 20 percent of population grow at the same percentage rate as the incomes of the rich,we can conclude that the poor benefit ________ compared to the non-poor in terms of absolute benefits.

Question

Quizplus · Accepted Answer

When incomes grow at the same percentage rate, the absolute increase in income is larger for those who already have higher incomes, meaning the rich benefit more in absolute terms compared to the poor.

When the Income of the Poorest 20 Percent of Population