Which of the Following Gini Ratios Indicates the Highest Degree

question 319

Multiple Choice

Which of the following Gini ratios indicates the highest degree of income inequality?

• A)0.78
• B)0.65
• C)0.29
• D)0.42

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Definitions:

Arbitration Agreement

A contract in which parties agree to settle disputes outside of court through arbitration, a process involving a neutral third party.

Federal Law

Laws enacted by the national government of a country, which are supreme over state laws within its constitutional powers and apply to citizens and residents throughout the country.

Arbitrator's Decision

A final decision made by an arbitrator, who is a neutral third party, to resolve a dispute outside of court.

National Labor Relations Act

A foundational statute of US labor law which guarantees the rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.