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.
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
Section: Chapter Questions
Problem 2CQQ
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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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71ce8e5a-a520-47c6-9f2e-d028b6184b03%2F2017c93a-a870-4b23-868c-b4ca7dbcbac8%2Fa2u8i2h_processed.png&w=3840&q=75)
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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