Figure 18-8

-Refer to Figure 18-8 to answer the following questions.
a.Did the distribution of income become more equal in 2016 than it was in 2015, 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 2015 and the Gini coefficient for 2016.

Question

Figure 18-8
 
-Refer to Figure 18-8 to answer the following questions.
a.Did the distribution of income become more equal in 2016 than it was in 2015, 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 2015 and the Gini coefficient for 2016.

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 2016 than it was in 2015, 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 2015 and the Gini coefficient for 2016.

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