What is wrong with Figure 2.34, showing the distribution of family income? How would you define the
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What is wrong with Figure 2.34, showing the distribution of family income? How would you define the middle class?
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Under $5,000 $5,000-$9,999 $10,000-$14,999 $15,000-$24,999 $25,000-$34,999 $35,000-$49,999 $50,000-$74,999 $75,000-$99,999 Middle class 1% 3% 7% $100,000+ 10% Figure 2.34 12% 14% 15% 18% 20%
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The income ranges used on the xaxis dont directly tell us what proportion of th...View the full answer
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Related Book For
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith
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