Consider two communities, Alpha and Omega. Alpha has 10 residents, 5 who earn $90,000 and 5 who

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Consider two communities, Alpha and Omega. Alpha has 10 residents, 5 who earn

$90,000 and 5 who earn $30,000. Omega also has 10 residents, 5 who earn $250,000 and 5 who earn $50,000.

QUESTION: What is the income inequality ratio in each community?

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Related Book For  book-img-for-question

Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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