LO21-23. In Namibia,

(a) What percentage of total output is received by the richest 10 percent of households? (See World View “Glaring Inequalities.”)

(b) How much output did this share amount to in 2017, when Namibia’s GDP was $15 billion?

(c) With a total population of 2.5 million, what was the implied per capita income of

(i) The richest 10 percent of the population?

(ii) The remaining 90 percent?