Question
1)Determine the per capita income AND the median per capita income for the US and another country.What does that tell you about income inequality in
1)Determine the per capita income AND the median per capita income for the US and another country.What does that tell you about income inequality in each country?
Using the same tables, can you find a country which is "equitable but poor"?
How about a country which rich but also has high poverty?How can this be true?
links:
https://en.wikipedia.org/wiki/List_of_countries_by_GNI_(PPP)_per_capita
https://worldpopulationreview.com/country-rankings/median-income-by-country
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
