Perfect income equality means:
A) everyone earns exactly what they're worth.
B) everyone earns the exact same amount.
C) people earn different amounts based on what they do, but everyone in the same job earns the same amount.
D) everyone enjoys exactly the same standard of living.
Correct Answer:
Verified
Q63: The Gini coefficient measures:
A)income inequality.
B)poverty prevalence.
C)average income
Q67: In the United States,the top 20 percent
Q68: A Gini coefficient of zero indicates:
A) there
Q69: The Gini coefficient is calculated by measuring
Q70: Which curve summarizes inequality visually?
A) Laffer curve
B)
Q71: In the last few decades,income inequality in
Q73: Most countries in the world have Gini
Q74: Those who believe that overall economic growth
Q75: The Lorenz curve demonstrates:
A) inequality visually; the
Q77: If the U.S.population were split into quintiles
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