Figure 18-8
-Refer to Figure 18-8 to answer the following questions.
a. Did the distribution of income become more equal in 2012 than it was in 2011, or did it become less equal? Explain.
b. If area A = 1,900, area B = 450, and area C = 2,650, calculate the Gini coefficient for 2011 and the Gini coefficient for 2012.

Question

Figure 18-8 
-Refer to Figure 18-8 to answer the following questions.
a. Did the distribution of income become more equal in 2012 than it was in 2011, or did it become less equal? Explain.
b. If area A = 1,900, area B = 450, and area C = 2,650, calculate the Gini coefficient for 2011 and the Gini coefficient for 2012.

Quizplus · Accepted Answer

The Answer of Figure 18-8 
-Refer to Figure 18-8 to answer the following questions.
a. Did the distribution of income become more equal in 2012 than it was in 2011, or did it become less equal? Explain.
b. If area A = 1,900, area B = 450, and area C = 2,650, calculate the Gini coefficient for 2011 and the Gini coefficient for 2012.

Figure 18-8 -Refer to Figure 18-8 to Answer the Following Questions