According to a state economic survey on income distribution, the top of the population holds of the total gross income, whereas the bottom of the population accounts for of the total gross income. Based on the standard Palma ratio metric for income inequality, what is the calculated Palma ratio for this state?
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Cevap
The calculated Palma ratio for the state is .
The Palma ratio is defined as the ratio of the richest of the population's share of gross national income divided by the poorest share. Substituting the given values ( divided by ) gives a Palma ratio of .
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Palma Ratio as an Inequality Metric