Suppose the united states has a gini coefficient of 04 and, Ask an Expert

Economics

Suppose the United States has a Gini coefficient of 0.4 and Sweden has a Gini coefficient of 0.25. Which of the following statements is true?

A) The distribution of income is more equal in the United States.

B) The distribution of income is more equal in the Sweden.

C) Income distribution is changing faster in the United States.

D) Without information on population, it is not possible to compare income distribution between countries.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91673030

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