Which Is Distributed More Equally: Income or Wealth

Question

Examlex · Accepted Answer

The Answer is The income distribution is much more equal than the wealth distribution. The poorest 50 percent of wealth holders own only 1.1 percent of wealth and the richest 10 percent own about 75 percent of wealth. For income, the poorest 40 percent of households receive about 11 percent of total income and the richest 20 percent of households receive about 50 percent of total income.

Which Is Distributed More Equally: Income or Wealth

Essay

Correct Answer:
Verified

Which Is Distributed More Equally: Income or Wealth

Essay

Correct Answer:VerifiedShow Answer

Correct Answer:
Verified