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2. (7 Points) Inequality In 2015-19, 10% of white, non-Hispanic men employed full time earned less than $500 per week, 50% earned less than $1,000

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2. (7 Points) Inequality In 2015-19, 10% of white, non-Hispanic men employed full time earned less than $500 per week, 50% earned less than $1,000 per week, and 10% earned more than $2,800 per week. a (3 Points) Sketch the wage distribution; describe its shape in words (is it symmetric?); and label as many percentiles as you can. Label, too (roughly) where the MEAN wage lies. b Calculate (a) (2 Points) the median wage. (b) (2 Points) the 90-10 wage ratio

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