Question

Use the following table, which represents the distribution of income in the countries of Mircalla and Baldovinia, to answer the following questions:

MircallaBaldovinia
200 residents total2,000 residents total
100 residents earn $12,000 each1,000 residents earn $8,000 each
100 residents earn $60,000 each1,000 residents earn $60,000 each

What is the degree of income inequality in Baldovinia?

a. .0075

b. 0.75

c. 7.5

d. 750

e. 7,500

Answer

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