In Namibia, (a) What percentage of total output is received by the richest 10 percent of households?

Question:

In Namibia,

(a) What percentage of total output is received by the richest 10 percent of households?

(b) How much output did this share amount to in 2014, when Namibia’s GDP was $14 billion?

(i) The richest 10 percent of the population?

(ii) The remaining 90 percent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

See More Books

Question Posted: May 30, 2018 03:53 AM

See More Questions

The following excerpt was taken from The Home Depot, Inc., 2015 Annual Report (for the fiscal year ended January 31, 2016).The Balance Sheet to the Consolidated Financial Statements contained the...
The financial statements of Amazon.com, Inc. are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Instructions Answer the following questions for...
Assume that Al, Beth, Carol, David, and Ed receive incomes of $500, $250, $125, $75, and $50, respectively. Construct and interpret a Lorenz curve for this five-person economy. What percentage of...
A 0.20-m-diameter, thin-walled steel pipe is used to transport saturated steam at a pressure of 20 bars in a room for which the air temperature is 25C and the convection heat transfer coefficient at...
Bacteria of species A and species B are kept in a single test tube, where they are fed two nutrients. Each day the test tube is supplied with 10,600 units of the first nutrient and 19,650 units of...
An employment test that yields different results over time when taken by the same person lacks ____________. (a) validity (b) reliability (c) realism (d) behavioral anchors
If you are preparing a client for a deposition, what rules for responding to deposition questions should you review with the client?
The concept of one-stop-shopping for global logistics is fast catching on. There are now more than thirty large logistic companies, called mega-carriers, who can provide truly global and integrated...
Please use current tax rates, exemptions, and laws. Be sure to show ALL of your work so that I can give you partial credit. Use 2 0 2 3 tax law. Use these instructions: 2 0 2 3 Instruction 1 0 4 0 (...
Bestseller Book's binding department has beginning inventory of 5,000 units and $20,000, consisting of $10,000 of direct materials and $10,000 of conversion costs. During the period, the department...
There are 2.4 billion people are in severe poverty with less than $2 of income per day. (a) What is the maximum combined income of this severely poor population? (b) What percentage of the worlds...
(a) How much foreign aid does the United States now provide? (b) Is the U.S. gives $30 billion in foreign aid, how much more is required to satisfy the UNs Millennium Aid Goal if U.S. GDP = $18...
Suppose two people are the same age and have the same level of wealth. One has a high-paying job and the other has a low-paying job. Who should hold a higher fraction of his or her wealth in stock?...
The following probability distributions of return for Stock Y have been estimated: Probability Stock Y 0.3 3% 0.4 4% 0.3 5% Calculate the expected rate of return (), standard deviation (), and the...
Direct marketing and mass marketing are becoming a very popular method for communicating with consumers. Giving reasons for their worldwide popularity, show the differences between direct and mass...
Blossom Company's current assets at December 31, 2022 are listed below in alphabetical order. Accounts receivable $41,820 Cash 62,220 Finished goods inventory 26,520 Prepaid expenses 3,060 Raw...
Willy Ltd was formed on 1 July 2023 to provide courier services. On this date, the company acquired a delivery van from Wagtail Vehicles. The company paid cash of $75 000 to Wagtail Vehicles. The van...
solve 3p(p3) 13 8(p+3)-43 -
Use the Divergence Theorem to calculate the surface integral S F dS; that is, calculate the flux of F across S. F = |r| 2 r, where r = x i + y j + z k, S is the sphere with radius R and center the...
During the month, services performed for customers on account amounted to $7,500 and collections from customers in payment of their accounts totaled $6,000. At the end of the month, the Accounts...
In March 1976, Sue made a taxable gift of $200,000. In arriving at the amount of her taxable gift, Sue elected to deduct the $30,000 specific exemption then available. In 2017, Sue makes her next...
On September 1 of the current year, Mario irrevocably transfers a $100,000 whole life insurance policy on his life to Mario, Jr. as owner. On September 1, the policys interpolated terminal reserve is...
During 2017, Will gives $40,000 cash to Will, Jr. and a remainder interest in a few acres of land to his friend Suzy. The remainder interest is valued at $32,000. Will and his wife, Helen, elect gift...
For 2012, Tri-Comic Company initiated a sales promotion campaign that included the expenditure of an additional $50,000 for advertising. At the end of the year, Lumi Neer, the president, is presented...
Initially at rest, an egg is released from the top of a tall building. After a brief delay, a second egg is hurled down from the same height at a rate of 6.15 m/s. If both eggs splat on the ground at...
(a) Can a single isolated stationary object of mass 4 spontaneously explode into two objects each of rest mass greater than 2? Explain your reasoning. (b) Can a single isolated stationary object of...

In Namibia, (a) What percentage of total output is received by the richest 10 percent of households?

Question:

Step by Step Answer:

a 55 percent b 77 billion c i 38500 ii 3500 Feedback a According to the World ...View the full answer

The Macro Economy Today

Students also viewed these Business questions