587Table 17.519932000Group20080.540.600.62Black/African0.440.53Coloured0.540.470.51Asian/Indian0.610.430.47White0.500.580.6Rural0.56Urban0.610.640.67Overall0.660.680.70Source Murray Leibbrandt, Ingrid Woolard, Arden Finn, and Jonathan Argent, "Trends in South Africanlecome Distribution and Poverty since the Fall of Apartheid," OECD Social, Employment and Migration Work-ing Papers No. 101 (Paris: Organization for Economic Cooperation and Development, 2010), table 2.6, http://dxdoiorg/10.1787/5kmms0t7pms-en.Based on the information presented in Table 17.5, which group experienced declining income inequality from2000 to 2008?OA. Asian/indian peopleOB. Black/African peopleOC. Rural residentsOD. Urban residents

Ginni coefficient: Named after the Italian statistician Corrado Ginni in 1912 Ginni coefficient or…

587 Table 17.5 1993 Group 2000 2008 0.54 Black/African 0.60 0.62 0.44 Coloured 0.53 0.54 0.47 Asian/Indian 0.51 0.61 0.43 0.47 White 0.50 Rural 0.58 0.62 0.56 Uirban 0.61 0.64 0.67 0.66 Overall 0.68 0.70 Source Murray Leibbrandt, Ingrid Woolard, Arden Finn, and Jonathan Argent, "Trends in South African iecome Distribution and Poverty since the Fall of Apartheid," OECD Social, Employment and Migration Work- ng Papers No. 101 (Paris: Organization for Economic Cooperation and Development, 2010), table 2.6, http://dx doiorg/10.1787/5kmms0t7pms-en. Based on the information presented in Table 17.5, which group experienced declining income inequality from 2000 to 20087 OA Asian/indian people OB. Black/African people OC. Rural residents OD. Urban residents

587 Table 17.5 1993 Group 2000 2008 0.54 Black/African 0.60 0.62 0.44 Coloured 0.53 0.54 0.47 Asian/Indian 0.51 0.61 0.43 0.47 White 0.50 Rural 0.58 0.62 0.56 Uirban 0.61 0.64 0.67 0.66 Overall 0.68 0.70 Source Murray Leibbrandt, Ingrid Woolard, Arden Finn, and Jonathan Argent, "Trends in South African iecome Distribution and Poverty since the Fall of Apartheid," OECD Social, Employment and Migration Work- ng Papers No. 101 (Paris: Organization for Economic Cooperation and Development, 2010), table 2.6, http://dx doiorg/10.1787/5kmms0t7pms-en. Based on the information presented in Table 17.5, which group experienced declining income inequality from 2000 to 20087 OA Asian/indian people OB. Black/African people OC. Rural residents OD. Urban residents

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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