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Question: The table shows shares of income in Australia.

Households                   Income share
 (quintile)                (percentage of total)

Lowest                               7

Second                             13

Third                                18

Fourth                              24

Highest                             38

What are some reasons for the differences in the distribution of income in Australia and in Brazil and South Africa?

Microeconomics, Economics

  • Category:- Microeconomics
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