Ec1002 unit 1 revision Study guides, Class notes & Summaries
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EC1002 Unit 1 Revision Quiz (Questions And Answers 2023 Update
- Exam (elaborations) • 3 pages • 2023
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EC1002 Unit 1 Revision Quiz (Questions 
And Answers 2023 Update 
What is the 90/10 income ratio? 
a. The wealth of the richest 10% of the population divided by the wealth of the poorest 
10% of the population 
b. The average income of the richest 10% of a country's the population divided by the 
average income of the poorest 90% of the population 
c. The share of wealth held by the richest 10% 
d. The average income of the richest 10% of a country's the population divided by the 
average i...
-
EC1002 Unit 1 Revision Quiz (Questions And Answers 2023 Update
- Exam (elaborations) • 3 pages • 2023
-
- $11.49
- + learn more
EC1002 Unit 1 Revision Quiz (Questions 
And Answers 2023 Update 
What is the 90/10 income ratio? 
a. The wealth of the richest 10% of the population divided by the wealth of the poorest 
10% of the population 
b. The average income of the richest 10% of a country's the population divided by the 
average income of the poorest 90% of the population 
c. The share of wealth held by the richest 10% 
d. The average income of the richest 10% of a country's the population divided by the 
average i...