Since 1970, the U.S. Gini Ratio Has

question 243

Multiple Choice

Since 1970, the U.S. Gini ratio has

• A) increased.
• B) decreased.
• C) increased and then decreased.
• D) decreased and then increased.

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Definitions:

Void Contract

An agreement that is not legally binding and is unenforceable by law, typically because it lacks one or more essential elements of a valid contract.

Incompetent

Lacking the necessary skills, abilities, or legal qualifications to perform a task or to stand trial.

Binding Agreement

A legally enforceable contract that obligates the parties involved to adhere to the terms outlined within the agreement.

Bilateral Contract

A contract involving two parties where each promises to perform an act in exchange for the other's act.