Country a Has a Gini Coefficient of 0

question 27

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.

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Definitions:

Ego

The part of the self that involves self-esteem and self-importance, heavily influencing decision-making and interactions.

Primary Goal

The main objective or target that an individual, group, or organization aims to achieve within a specific timeframe.

Informal Report

A type of report that is usually shorter and less structured, often used for internal communications or routine matters within organizations.

Writing Style

The distinctive manner in which a writer expresses ideas through the choice of words, sentence structure, and grammar.