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MMLU / World Bank data show that in 1995, the poorest 20% of households accounted for…

Problem

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question

World Bank data show that in 1995, the poorest 20% of households accounted for 7.5% of household income in Niger, the next 20% of households accounted for 11.8% of income, the middle 20% accounted for 15.5% of income, the second richest 20% accounted for 21.1% of income, and the top 20% accounted for 44.1% of income. What was the cumulative income share of the bottom 60% of households in Niger?

choices

  1. 15.50%
  2. 34.80%
  3. 48.10%
  4. 65.20%

subject

global_facts

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