In Country X,the highest 10 percent of families account for 70 percent of income.In Country Y,the highest 10 percent of families account for 20 percent of income.In this example:
A) Country Y would be located on the line of perfect inequality.
B) income is more equally distributed in Country Y.
C) income is more equally distributed in Country X.
D) Country X would be located on the line of perfect equality.
E) the degree of income inequality is equal in both the countries.
Correct Answer:
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