The Gini Index Is One Way That Social Scientists Measure

question 15

Multiple Choice

The Gini index is one way that social scientists measure

• A) total national wealth.
• B) the distribution of public goods.
• C) the environmental impact of development.
• D) the amount of economic inequality in a society.

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Definitions:

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until the bond reaches its maturity date.

Maturity

The date on which the principal amount of a bond, loan, or other financial instrument is due to be paid back to the investors.

Interest Rates

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal.

Premium

The amount by which the price of a financial instrument or insurance policy exceeds its face value or the cost above the normal price.