Table 20-10
*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 20-10. 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
Q155: Comparing the US to other countries ranked
Q271: The poverty rate is
A)a measure of income
Q272: The poverty rate is based on a
Q274: Table 20-10 Q275: Measures of poverty that fail to account Q277: Since 1959 when the official data on Q278: When John F. Kennedy said, "A rising Q279: Table 20-10 Q280: The poverty rate is a measure of Q281: Figure 20-3 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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