Total income in the country

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There are a total of ten (10) citizens living in a certain country. Six (6) are farmers, each of whom earns $200 per year in income. Three (3) others are small businesswomen, each of whom earns $500 per year. The final resident owns a factory, and makes $1,000 per year. This means that the total income in the country is $3,700.

Fill in the following table based on the information given:

Income Group %of total income received

Poorest 20% --------------------------------

Poorest 40% ------------------------------

60% -------------------------------

80% ----------------------------------

100% --------------------------------

Reference no: EM132151986

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