For the United States in 2016, a Gini coefficient of 0.415 suggests that: OA. the United States has almost achieved income equality. B. the average household income is $41,500. C. relative to Sweden, Denmark, and Japan, the United States has comparatively high levels of income inequality. OD. 41.5% of US households live in poverty

For the United States in 2016, a Gini coefficient of 0.415 suggests that: OA. the United States has almost achieved income equality. B. the average household income is $41,500. C. relative to Sweden, Denmark, and Japan, the United States has comparatively high levels of income inequality. OD. 41.5% of US households live in poverty

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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