The United States Is Ranked 43^rd in the World with a Gini

question 87

Multiple Choice

The United States is ranked 43^rd in the world with a Gini coefficient of about______________.On this measure,the United States fares better than a number of countries in the Middle East.

• A)41
• B)25
• C)78
• D)91

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Definitions:

Merchandise Purchase

Transactions involving the buying of goods for resale in the normal course of business.

Cash Payments Journal

A financial journal that records all cash payments made by a business, including expenses, asset purchases, and debt payments.

Accounts Receivable Subsidiary Ledger

A detailed ledger that contains individual customer accounts, tracking the amounts owed by each customer to a business.

General Ledger

A comprehensive record of all financial transactions, organized by account, used to compile financial statements.