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

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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?

(c) With a total population of 2 million, what was the implied per capita income of 

(i) The richest 10 percent of the population? 

(ii) The remaining 90 percent?

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Related Book For  book-img-for-question

The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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