3. In Namibia, (a) What percentage of total output is received by the richest 10 percent of...
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3. In Namibia,
(a) What percentage of total output is received by the richest 10 percent of households?
(See World View, p. 493.) %
(b) How much output did this share amount to in 2014, when Namibia’s GDP was $14 billion? $
(c) With a total population of 2 million, what was the implied per capita income of
(i) The richest 10 percent of the population? $
(ii) The remaining 90 percent? $
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