Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
jadinh jadinh
wrote...
Posts: 115
Rep: 0 0
A year ago
IncomeFrequency
$1/day20%
$1.50/day30%
$2/day30%
$5/day10%
$10/day10%
Refer to the table above which shows the distribution of incomes in Newlandia. Newlandia currently has an absolute poverty rate of ________. Imagine that average incomes grew at 5% per year. If each income group saw growth of 5% a year for 5 years, Newlandia's absolute poverty rate would be ________ after 5 years.

▸ 20%:20%

▸ 60%; 30%

▸ 50%; 20%

▸ 30%; 10%
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 106 times
1 Reply
Replies
Answer verified by a subject expert
SaharakSaharak
wrote...
Posts: 137
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jadinh Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  2110 People Browsing
Related Images
  
 234
  
 128
  
 7806
Your Opinion
Which country would you like to visit for its food?
Votes: 262