Question

Read the given data and find out which country has most equitable distribution of income:

Countries Monthly Income of Citizens in four countries in 2018

Citizen I Citizen II Citizen III Citizen IV Citizen V Average
Country A 500 500 500 48000 500 10,000
Country B 500 400 600 700 47,800 10,000
Country C 9500 10500 9800 10000 10200 10,000
Country D 600 47,800 500 600 500 10,000

Answer 1

Answer: Country C

Step-by-step explanation:

The country with the most equitable distribution of income will be the one where the individual incomes of the different citizens are close to one another.

Country A has one citizen earning $48,000 while the rest earn $500. This is NOT equitable.

Country B has one citizen earning $47,800 while the rest are earning less than a thousand so Country A is NOT equitable.

Country C has all its citizens earning around the same amount of income so is equitable.

Country D has the same conditions as B so is NOT equitable.

Another way to do this is to check the country that has the lowest Range of incomes.

Country A range = 48,000 - 500 = $47,500

Country B range = 47,800 - 400 = $47,400

Country C range = 10,500 - 9,500 = $1,000

Country D range = 47,800 - 500 = $47,300

Country C is still the most equitable.