Correct answer N, wrong answer. Thanks17) For a country with unequal income distribution the Gini coefficient is:a. greater than 0b. grater than Ic. between 0 and 1d less than 118) Why do we need a classification and definition of a country or a region ineconomic development?to categorize countries into different groupsb. to evaluate the success of policies and economic systemsto provide targets for development strategiesd. all of the abovea.

Gini coefficient is an economic measure of inequality in income distribution. The range of the Gini…

Answered: 17) For a country with unequal income…

17) For a country with unequal income distribution the Gini coefficient is: a. greater than 0 b. grater than 1 c. between 0 and 1 d. less than

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Publisher:NEWNAN

Chapter1: Making Economics Decisions

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Correct answer N, wrong answer. Thanks
17) For a country with unequal income distribution the Gini coefficient is:
a. greater than 0
b. grater than I
c. between 0 and 1
d less than 1
18) Why do we need a classification and definition of a country or a region in
economic development?
to categorize countries into different groups
b. to evaluate the success of policies and economic systems
to provide targets for development strategies
d. all of the above
a.

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