Short Answer 2 INCOME QUINTILE IN 1975 PERCENTAGE IN EACH QUINTILE IN 1991 1ST 0

Question

Short Answer 2 INCOME QUINTILE IN 1975 PERCENTAGE IN EACH QUINTILE IN 1991 1ST 0.9 1.9 3.3 4.2 5.1 STH 5th (highest) 4th 3rd (middle) 2nd 1st (lowest) 2ND 2.8 9.3 19.3 23.5 14.6 3RD 10.2 18.8 28.3 20.3 21.0 4TH 23.6 32.6 30.1 25.2 30.3 62.5 37.4 19.0 26.8 29.0 In the table, how do we interpret the number 5.1 (5 pts). numbers sum to 100 (2 pts)? Focusing on the 1t and the Sth (lowest and highest) income quintiles, is there more evidence for upward or downward income mobility (I pt)? (e.g. Are you Looking across a row, why do the more like to rise or fall in the income distribution?) Explain (7pts)

Explanation / Answer

The income distribution is likley to rise or decresae the entire income growth in the same year.

In the first phase the inocme level is increase or decrease accordingly, where the income is at balace growing stage

the propotion of income in the 5th position where there the income is growing rapidly.

Thus The growth of income is increase at increasingly stage.

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