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
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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
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