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%.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 47P: A group of 10 people have the following annual incomes:...

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