The Gini coefficient in 2022 for China & South Africa was 0.45 & 0.54 respectively ln 2023 it changes to G40& 0.61 respectively. Which statement is correct? a)South Africa's inequality increased b) Chinas inequality increased c) Chinas inequality decreased more than South Africa's inequality increased d)South Africa's inequality decreased

The Gini coefficient in 2022 for China & South Africa was 0.45 & 0.54 respectively ln 2023 it changes to G40& 0.61 respectively. Which statement is correct? a)South Africa's inequality increased b) Chinas inequality increased c) Chinas inequality decreased more than South Africa's inequality increased d)South Africa's inequality decreased

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter33: Income, Income Distribution, And Poverty

Section: Chapter Questions

Problem 12E

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A5