When China Embarked on Market Changes Towards Urbanization and Manufacturing

question 337

Multiple Choice

When China embarked on market changes towards urbanization and manufacturing in 1978, urban disposable incomes were 2.6 times greater than rural net income. By 2008 they were 3.3 times bigger. These market changes have led to

• A) increased income inequality between rural and urban populations.
• B) a decreased Gini ratio.
• C) the Lorenz curve for income to move closer to the line of equality.
• D) a movement towards a bell-shaped distribution of income.

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Definitions:

Noncomparative Evaluation

An assessment method where the performance or value of an item or individual is evaluated based on a set standard or criteria without direct comparison to other items or individuals.

Forced Distribution

A performance evaluation method where employees are ranked in groups and forced into a predetermined rating distribution, such as a bell curve.

Behaviour Observation Scale

A systematic method used to assess and record the frequency and quality of behaviors in a specific context.

Subjective Evaluation

The assessment or appraisal of work, performance, or artistry based on personal feelings, tastes, or opinions rather than objective criteria.