The Greater the Value of the Gini Co-Efficient

question 113

Multiple Choice

The greater the value of the Gini co-efficient:

• A)the greater will be the GDP of the economy.
• B)the greater will be the income inequality.
• C)the greater will be the revenue of the government from direct taxes.
• D)the greater will be the equality in the distribution of income and wealth.
• E)the lesser will be the expenditure on the part of the government.

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Definitions:

Partnership Agreement

A contract between business partners outlining the terms and conditions of their partnership, including responsibilities and profit sharing.

1976 RULPA

The Revised Uniform Limited Partnership Act of 1976, a set of laws adopted by various U.S. states to govern the formation, operation, and dissolution of limited partnerships.

1985 RULPA

The Revised Uniform Limited Partnership Act of 1985, a set of laws adopted by various states in the U.S. to govern the formation, operation, and dissolution of limited partnerships.

Uniform Partnership Act

A set of laws adopted by states in the United States to govern the formation, operation, and dissolution of partnerships.