Country a Has a Gini Coefficient of 0

question 19

Multiple Choice

Country A has a Gini coefficient of 0.5 and country B has a Gini coefficient of 0.7. It follows that

• A)there is greater income inequality in country A than B.
• B)there is greater income inequality in country B than A.
• C)it is possible for the Lorenz curve in country A is the same as the Lorenz curve in country B.
• D)it is possible that the adjusted Gini coefficient in country A is equal to the Gini coefficient in country B.
• E)c and d

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Definitions:

Supportive

Providing assistance, encouragement, or comfort, often during times of need or stress.

Fear of the Unknown

An anxiety or apprehension felt towards something that is unfamiliar or unknown, often leading to avoidance behavior.

Family Restaurant

A dining establishment that offers menus and an environment suitable for all ages, often emphasizing family-friendly service.

College

An institution of higher education offering undergraduate degrees and, in some cases, master's or doctoral degrees.