According to an Asian Development Bank report in 2007, China's Gini coefficient, a statistical measure of wealth distribution in society, soared to 47.3 in 2004 from 40.7 in 1993, putting the country at a level more typical of Latin America. China experienced
A) a decrease in income inequality.
B) an increase in income inequality.
C) a decrease in income.
D) an increase in income.
Correct Answer:
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