Table 14.1 Incomes in Pololand
$$\begin{array} { l l l l l }
& \text { Period 1 } & \text { Period 2 } & \text { Period 3 } & \text { Period 4 } \
\hline \text { Thomas } & \$ 50,000 & \$ 40,000 & \$ 60,000 & \$ 100,000 \
\text { Nina } & \$ 40,000 & \$ 40,000 & \$ 40,000 & \$ 80,000 \
\text { Becky } & \$ 30,000 & \$ 30,000 & \$ 30,000 & \$ 60,000 \
\text { Rose } & \$ 20,000 & \$ 20,000 & \$ 20,000 & \$ 40,000 \
\text { Charlie } & \$ 10,000 & \$ 20,000 & \$ 0 & \$ 20,000 \
\hline
\end{array}$$
-According to the Gini coefficient,income EQUALITY in the United States during the 1980s

Question

Table 14.1 Incomes in Pololand
 $$\begin{array} { l l l l l } 
& \text { Period 1 } & \text { Period 2 } & \text { Period 3 } & \text { Period 4 } \
\hline \text { Thomas } & \$ 50,000 & \$ 40,000 & \$ 60,000 & \$ 100,000 \
\text { Nina } & \$ 40,000 & \$ 40,000 & \$ 40,000 & \$ 80,000 \
\text { Becky } & \$ 30,000 & \$ 30,000 & \$ 30,000 & \$ 60,000 \
\text { Rose } & \$ 20,000 & \$ 20,000 & \$ 20,000 & \$ 40,000 \
\text { Charlie } & \$ 10,000 & \$ 20,000 & \$ 0 & \$ 20,000 \
\hline
\end{array}$$
-According to the Gini coefficient,income EQUALITY in the United States during the 1980s

Quizplus · Accepted Answer

The Gini coefficient is a measure of income inequality within a population, ranging from 0 (or 0%) for complete equality, where everyone has the same income, to 1 (or 100%) for complete inequality, where only one person has all the income. If the Gini coefficient increases, it indicates that income inequality has increased, not equality. Therefore, if the question suggests that the Gini coefficient increased, it means income equality decreased.

Table 141 Incomes in Pololand -According to the Gini Coefficient,income EQUALITY in the United States