Figure 18-4 -Suppose the United States Has a Gini Coefficient of 0.4

question 257

Multiple Choice

Figure 18-4

-Suppose the United States has a Gini coefficient of 0.4 and Sweden has a Gini coefficient of 0.25.Which of the following statements is true?

• A)The distribution of income is more equal in the United States.
• B)The distribution of income is more equal in the Sweden.
• C)Income distribution is changing faster in the United States.
• D)Without information on population, it is not possible to compare income distribution between countries.

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Definitions:

Quality Control

The process of ensuring that products and services meet customer expectations and complying with specific standards.

Bar Charts

Graphical representations using bars of varying lengths to show comparisons among categories.

Causes

Factors or conditions that directly bring about an effect or change in another variable or event.

Crosstabulation

A method of tabulating data that allows for the comparison of two or more variables by creating a matrix that displays their interaction.