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Based on the information in the tables , which one is the correct Gini coefficient of income inequality

Based on the information in the tables , which one is the correct Gini coefficient of income inequality

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Canada had the following distribution of Income after taxes in 2006 Based on the information in the tables , which one is the correct Gini coefficient of income inequality ? O a . 0.47 O b . 0.43 O c . 0.42 O d . 0.44 O e . 0.23
Deciles cumulative share of income Lorenz curve for after tax income in Canada 0% (2006) 1 0% 1 2% 6% 2 0.8 4 11% 0.6 5 18% 0.4 26% 0.2 7 37% 50% 67% 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 9 share of population 10 100% cumulative shareof income equidistribution line share of income
Transcribed Image Text:Deciles cumulative share of income Lorenz curve for after tax income in Canada 0% (2006) 1 0% 1 2% 6% 2 0.8 4 11% 0.6 5 18% 0.4 26% 0.2 7 37% 50% 67% 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 9 share of population 10 100% cumulative shareof income equidistribution line share of income
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