Discuss about the measure of the income distribution

Reference no: EM132179273

Question: Suppose there is an economy where 80 percent of people earn more than their parents and 40 percent end up in a different income quintile than their parents. What measure of the income distribution does the first statistic tell you about? What about the second? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132179273

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