19 Which two of the following are most likely to reflect a move towards a more equal distribution ofincome?O The share of total income going to the top 20% of income earners rises from 40% to 50%.O The Gini coefficient falls towards zero.O The Gini coefficient rises towards one.O The share of income going to the bottom 20% of income earners falls from 8% to 7%.

Ans. 19. The Gini coefficient is a tool that measures the income and wealth inequality of different…

Which two of the following are most likely to reflect a move towards a more equal distribution of income? The share of total income going to the top 20% of income earners rises from 40% to 50%. The Gini coefficient falls towards zero. The Gini coefficient rises towards one. The share of income going to the bottom 20% of income earners falls from 8% to 7%.

Which two of the following are most likely to reflect a move towards a more equal distribution of income? The share of total income going to the top 20% of income earners rises from 40% to 50%. The Gini coefficient falls towards zero. The Gini coefficient rises towards one. The share of income going to the bottom 20% of income earners falls from 8% to 7%.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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