Which of the Following Describes the Change in the Gini

question 13

Multiple Choice

Which of the following describes the change in the Gini index scores for the United States in the past 60 years?

• A) It has increased steadily since 1950.
• B) It has decreased steadily since 1950.
• C) It has fluctuated erratically since the mid-1980s.
• D) It has steadily increased since 1970.

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Definitions:

Asset Account

An account on a balance sheet representing tangible or intangible items of value owned by a company.

Trial Balance

A ledger balance sheet summarizing all accounts, showing equal totals for both credit and debit columns.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.