Business, 16.12.2019 22:31, karlavanderwalt9570

Interpreting gini coefficients suppose that spain has a gini coefficient of 0.5, france has a gini coefficient of 0.4, and germany has a gini coefficient of 0.3. based on this information, which of the following statements about income inequality in the three countries are correct? check all that apply.
a. spain has a higher degree of income inequality than france or germany.
b. the lowest quintile of spain's income distribution earns a lower percentage of the aggregate spanish income than the lowest quintile of france's income distribution does of the aggregate french income.
c. the ratio of the total income of the lowest quintile of income distribution to the total income of the highest quintile of income distribution is higher in spain than in germany.
d. france has a higher degree of income inequality than spain but a lower degree than germany.
e. the lowest quintile of france's income distribution earns a lower percentage of the aggregate french income than the lowest quintile of germany's income distribution does of the aggregate german income.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 13:20, ooEVAoo

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Answers: 1

continue

Business, 22.06.2019 20:50, fernandoramirez086

Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?

Answers: 1

continue

Business, 22.06.2019 21:30, mjstew00763

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?

Answers: 1

continue

Business, 23.06.2019 00:40, briarkaltvedt

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.

Answers: 2

continue

Do you know the correct answer?

Interpreting gini coefficients suppose that spain has a gini coefficient of 0.5, france has a gini c...