1.Suppose that the wage distribution for Riverside is given below:

Sector

Number of Workers Wage

A

40 $10 (per hour)

B

30 $5

C

30 $5

1. Compute the level of wage inequality for the town using the 90^th / 10^th percentile ratio and the 90^th / 50^th and 50^th /10^th ratios. (Yes, the computation is simple. Don't over-think it.) (2 points)