Country A has a Gini coefficient of 0.5 and country B has a Gini coefficient of 0.7. It follows that
A) there is greater income inequality in country A than B.
B) there is greater income inequality in country B than A.
C) it is possible for the Lorenz curve in country A is the same as the Lorenz curve in country B.
D) it is possible that the adjusted Gini coefficient in country A is equal to the Gini coefficient in country B.
E) c and d
Correct Answer:
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