If Everyone in a Country Had the Same Level of Income,then

question 21

Multiple Choice

If everyone in a country had the same level of income,then the value of the Gini concentration ratio would be:

• A) 1.0.
• B) 0.0.
• C) 0.5.
• D) infinity.

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Definitions:

Punishable

Describes an action or behavior subject to penalties or legal sanctions.

Second-degree Felony

A category of offense that is less severe than a first-degree felony but more severe than a third-degree felony, often involving significant harm or risk but with factors that mitigate the offender's culpability.

Imprisonment

The act of confining someone in a prison as a punishment for crimes they have been convicted of.

Punishable

Describing an action or offense that can be penalized by law, typically through fines, imprisonment, or other legal sanctions.