If the Gini coefficient of Country A is 0.3 and the Gini coefficient of Country B is 0.45, we can conclude that Select one: A. income is more evenly distributed among households in Country B than in Country A. B. income is more evenly distributed among households in Country A than in Country B. C. wealth is more evenly distributed among households in Country B than in Country A. D. wealth is more evenly distributed among households in Country A than in Country B.

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Income Inequality And Poverty
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If the Gini coefficient of Country A is 0.3 and the Gini coefficient of Country B is 0.45, we can conclude that
Select one:
A. income is more evenly distributed among households in Country B than in Country A.
B. income is more evenly distributed among households in Country A than in Country B.
C. wealth is more evenly distributed among households in Country B than in Country A.
D. wealth is more evenly distributed among households in Country A than in Country B.
Transcribed Image Text:If the Gini coefficient of Country A is 0.3 and the Gini coefficient of Country B is 0.45, we can conclude that Select one: A. income is more evenly distributed among households in Country B than in Country A. B. income is more evenly distributed among households in Country A than in Country B. C. wealth is more evenly distributed among households in Country B than in Country A. D. wealth is more evenly distributed among households in Country A than in Country B.
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