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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 26
If 90% of the income is earned by the top 1%, the resulting Gini coefficient will be _______.
A) Near 1
B) Near 0
C) Near 100%
D) Exacdy0.9
A) Near 1
B) Near 0
C) Near 100%
D) Exacdy0.9
Explanation
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Income can be defined as the money endow...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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