Asked by Michael Kumlien on May 14, 2024

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Refer to Table 20-9. In percentage point terms, how much more did the top 5% of the Asian population earn than it would have if income were distributed equally?

Percentage Point

A unit for measuring the difference between percentages, illustrating how much one percentage is higher or lower than another.

Distributed Equally

Refers to an allocation method where resources, wealth, or opportunities are evenly shared among all participants or groups involved.

Pre-Tax-And-Transfer Income

The amount of income individuals or households earn before taxes are deducted and government transfers are added.

  • Interpret income distribution data across different races.
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LP
Logens PetitfrereMay 17, 2024
Final Answer :
14%