Based on the World Economic Forum's Report on the Global

question 28

Multiple Choice

Based on the world economic forum's report on The Global Gender Gap Index, which of the following countries has the highest gender equality?

• A) Sweden
• B) Yemen
• C) The United States
• D) Australia

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Definitions:

Income Equality

Income equality refers to a scenario where earnings are distributed evenly across a population. It is the opposite of income inequality where earnings are unequally distributed.

Economic Efficiency

A measure of how well resources are utilized and allocated to maximize productivity and meet the needs and wants of society.

Quintile Distribution

The division of a population or dataset into five equal groups or parts, often used in economic studies to analyze income or wealth distribution.

Before-Tax Household Income

The total income earned by a household before any taxes are deducted.