The Gini Coefficient Measures the Degree of

question 47

Multiple Choice

The Gini coefficient measures the degree of

• A)racial discrimination.
• B)age discrimination.
• C)income inequality.
• D)sex discrimination.
• E)wage discrimination.

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Definitions:

Accounts

Recordings within financial accounting that track specific types of transactions, such as assets, liabilities, equity, expenses, and income.

Journal

A comprehensive record of all financial transactions of a business, listed in chronological order.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.

Transactions

Financial activities that involve the exchange of assets, services, or liabilities between two parties.