Table 20-5
*A Gini coefficient is a commonly used measure of income inequality, with values between 0 and 1 (0 corresponds to perfect equality whereby everyone has exactly the same income, and 1 corresponds to perfect inequality where one person has all the income, while everyone else has zero income) .
Source: The World Bank
-Refer to Table 20-5.Which of the following statements is correct?
A) Latvia has the most unequal distribution of income.
B) France has a more equal distribution of income than Italy.
C) Sweden has the most equal distribution of income.
D) All of the above are correct.
Correct Answer:
Verified
Q75: Table 20-8 Q76: Figure 20-1 Q78: Table 20-8 Q81: The poverty line in the country of Q82: The poverty line in the country of Q83: The distribution of income for Abbyville is Q84: The distribution of income for Inequalia is Q267: A commonly-used gauge of poverty is the Q272: The poverty rate is based on a Q280: The poverty rate is a measure of Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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A)income