Answered: The table above shows Gini coefficients…

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The table above shows Gini coefficients for European countries over time. From this table, we can conclude that

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

United Kingdom
Ireland
The Netherlands
Sweden
Denmark
France
Finland
Germany
Austrial
Belgium
Italy
Spain
Portugal
Greece
Source: Eurostat (2008)
1999-2001
33.0
30.3
27.3
23.0
25.0
28.0
25.0
25.0
24.7
29,0
29.3
32.7
36.3
33.3
2002-2004
34.5
31.1
27.0
23.0
na.
27.4
25.8
na
26.6
27.2
33.2
30.9
37.8
33.9
2005-2007
33.2
31.7
27.0
23.6
27.8
27.2
26.0
27,8
25.9
274
32
314
37.5
33.9
The table above shows Gini coefficients for European countries over time. From this table, we can conclude that
O a. Between 1999-2001, poverty was more prevalent in Portugal than in Germany.
O b. Poverty in Austria was more prevalent between 2002-2004 than between 1999-2001.
Ⓒc. Income inequality in Spain was more prevalent between 1999-2001 than between 2002-2004.
Od. Between 2005-2007, the most unequal country on the list was Sweden.

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