Calculate the Kuznets Ratio for Bangladesh based on size distribution: The lowest 40% receives 17.3% of national income and the highest 20% receives 45.3%.
1 answer:
Answer:
Kuznets Ratio = 2.62
Explanation:
Kuznet Ratio = <u>% share of income received by richest 20% </u>
% share of income received by poorest 40%
Given : The lowest 40% receives 17.3% of national income and the highest 20% receives 45.3%.
So, Kuznets Ratio = 45.3 / 17.3
= 2.62
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