If All Incomes Were to Double (Due to Inflation,for Example)then

question 47

Multiple Choice

If all incomes were to double (due to inflation,for example) then the coefficient of variation of income will

• A) increase.
• B) decrease.
• C) remain unchanged.
• D) either increase or decrease.

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Definitions:

Traditional Beliefs

Customs, narratives, and values inherited from one's culture or society that have been passed down over generations.

Pluralistic Societies

Societies characterized by the coexistence of several distinct cultural or ethnic groups within a given territory.

Politically Centralized States

States characterized by a concentration of political power and authority in a centralized government or leader.

Ethnic Diaspora

A large group of people with a shared heritage or homeland who live in different places around the world.