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vaieri [72.5K]
3 years ago
9

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%.
Business
1 answer:
denis-greek [22]3 years ago
7 0

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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