heres the question, plz help:
if everyone in the USA were to consume an equal quantity of goods and services, what percentage of total income would the poorest 20 percent of households have to recieve from higher income groups? what percentage would the second poorest 20 percent have to recieve.
and yes..this question is for school.
2007-01-23 13:55:48 · 2 answers · asked by Cocoa Beware 3 in Social Science ➔ Economics
Consumptions and services? Sells and services you mean?
The poor are 20% of the population or under poverty line as based on the population of the USA. Well. the first 20% will not received anything, and the second 20% will get the 10% of the 10% earned by their bosses as income is concern. That will make it of about 70% income of the money going around USA and the 30% income goes to the rich people of 10% population in USA.
2007-01-23 14:42:59 · answer #1 · answered by wacky_racer 5 · 0⤊ 0⤋
It's not going to happen so who cares?
2007-01-23 15:29:41 · answer #2 · answered by KevinStud99 6 · 0⤊ 0⤋