Two South Pacific islands, Aba and Ema, have very different Gini coefficients. Aba's is 0.90 and Ema's is 0.40. That's enough information to tell you that
A) both islands have a relatively equal income distribution because their Gini coefficients are both less than 1
B) Aba's income is growing faster than Ema's
C) Ema's distribution of income is less equal than Aba's
D) Ema's distribution of income is more equal than Aba's
E) Aba's population is growing faster than Ema's
Correct Answer:
Verified
Q117: The transformation of a Lorenz curve into
Q118: If the Gini coefficient is zero, then
Q119: For real-world economies, the Gini coefficient lies
Q120: If we know that the area between
Q121: Suppose a Russian economist told you that
Q123: Over the last few decades, the U.S.
Q124: In the last 15 years, the U.S.
Q125: The Gini coefficient is 0.27 for Japan
Q126: Economists attribute the high Gini coefficients among
Q127: The value of the accumulated assets of
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