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1. Use the income distribution data to answer the 4 questions below. PERCENTAGE OF THE POPULATION INCOME RECEIVED LOWEST 20% 3.3 SECOND 20% 9.6 THIRD
1. Use the income distribution data to answer the 4 questions below. PERCENTAGE OF THE POPULATION INCOME RECEIVED LOWEST 20% 3.3 SECOND 20% 9.6 THIRD 20% 17.7 FOURTH 20% 22.2 HIGHEST 20% 47.2 1. State the cumulative percent of income received by 20% of the population. 2. State the cumulative percent of income received by 40% of the population. 3. State the cumulative percent of income received by 60% of the population. 4. State the cumulative percent of income received by 80% of the population. 5. State the 3 ways to measure income distribution and poverty.6. State how the United States measures poverty. 7. State one determinant of poverty in the United States. 8. Give an example of a cash transfer. 9. Give an example of an in-kind transfer. 10. State 2 reasons for the growing income inequality. 1. 2
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