Incomes in China and India are a small fraction of incomes in Canada.But incomes in China and India are growing at more than twice the rate of those in Canada.As a result,the inequality in income between the people in China and India and people in Canada is ________ and the world Gini ratio is ________.

Question

Quizplus · Accepted Answer

C)decreasing;decreasingIf incomes in China and India are growing at a faster rate than those in Canada, the income gap between these countries and Canada is narrowing, which means inequality is decreasing. As the incomes of a large portion of the world's population (China and India) grow faster, it contributes to a more equal distribution of income globally, thus the world Gini ratio, a measure of income inequality, is also decreasing.

Incomes in China and India Are a Small Fraction of Incomes