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How should be the following given be treated while estimating
(1) bonus paid to employees
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- Pls help with below homeworkThe data in the table characterizes the income distribution for a country. What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. Income category Share of income (%) Cumulative share of income (%) first quintile 7.0 --- second quintile 9.0 16.0 third quintile --- 35.0 fourth quintile 25.0 --- fifth quintile 40.0 --- percentage of population in second quintile: % What percentage of the total income for the country is earned by the third quintile? percentage earned by the third quintile: % What is the cumulative share of income earned by the poorest 80% of the population? percentage earned by the poorest 80%: %Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs. Japan (called the 'Activity Rate' in the OECD data). Based on this chart, answer the questions below: FRED Actvity hate Aged 158 AN Persans r the thot Stanos Actvity RateAged 15 AN Persans for Apar 22 2002 2004 2006 010 2012 20 Sdng areas ndicale US recessioHIS Source Orgazation for Economc Co operaion and Develpment med souisled.org a) How could these trends in thé US & Japanese Labor Force Participation (LFP) rates impact per capita real GDP growth rates in their respective countries (i.e. in the U.S & in Japan)? Are there any factors which could mitigate the impact of these LFP trends on growth? b) What factors are likely to impact the trends in U.S. and Japanese LFP in the next year? Over the next 10 years?
- Q.1 In the table below, you are given data on income distribution within the UK for the year 2012-2013. Population clumped together based income ($) Percentage share of total income ($) Percentage share of disposable income (after taxes and transfers) ($) Bottom most quintile Second quintile Middle quintile Fourth quintile 3 9. 8 14 15 17 25 22 Top most quintile 49 38 a) Using the information given in the table above and choosing the appropriate diagram, you are required to plot two Lorenz curves that will show the distribution of income before and after intervention by the government in the form of taxes and benefits. Label them as LC1 and LC2 respectively.Q.1 In the table below, you are given data on income distribution within the UK for the year 2012-2013. Population clumped together based income ($) Percentage share of total income ($) Percentage share of disposable income (after taxes and transfers) ($) Bottom most quintile Second quintile Middle quintile Fourth quintile 3 9. 8 14 15 17 25 22 Top most quintile 49 38 a) Using the information given in the table above and choosing the appropriate diagram, you are required to plot two Lorenz curves that will show the distribution of income before and after intervention by the government in the form of taxes and benefits. Label them as LC1 and LC2 respectively. b) Now calculate the Gini coefficients for both cases and comment on the nature of intervention (or type of tax system) by the government.Economic s