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-The Above Table Shows the Distribution of Income in Two

question 3

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  -The above table shows the distribution of income in two imaginary countries, Alpha and Beta. a) What does the table tell you about the second 20 percent group in each country? b) Calculate the cumulative percentage for both countries. c) Interpret the cumulative percentage for the third 20 percent group in both countries.
-The above table shows the distribution of income in two imaginary countries, Alpha and Beta.
a) What does the table tell you about the second 20 percent group in each country?
b) Calculate the cumulative percentage for both countries.
c) Interpret the cumulative percentage for the third 20 percent group in both countries.


Definitions:

National Insurance

A system of compulsory payments made by employees and employers to fund various types of state benefits and healthcare.

Easements

Rights granted to use the property of another for a specific purpose, such as right of way.

Fixtures

Items that are originally personal property but become real property when attached in a permanent manner to land or a building.

Lost Property

Property that is found where it appears to have been left unintentionally, such as items lost by their rightful owner.

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