Business, 23.04.2021 17:50, brittanyrenner6657
The tables show the annual incomes for the citizens in two countries, Melka and Sorare. Use this information to answer the questions.
The Nation of Sorare
Citizen Income
Teddy $2,000
Kermit $50,000
Franklin $63,500
Anna $1,500
Eleanor $2,000
Edith $1,000
The Nation of Melka
Citizen Income
Etta $20,000
Duke $21,000
Louis $20,000
Billie $20,300
Cole $19,000
Zora $19,700
Based on the information here, which nation would you expect to have the higher Gini coefficient?
a. They would have the same Gini coefficient.
b. Melka
c. Sorare
Generally, what does the Gini coefficient measure?
a. It is a measure of how equal or unequal an income distribution is.
b. It shows the disparity in income between men and women.
c. It is a measure of the average income of the citizens of a nation.
d. It is a measure of the percentage of income that the richest 1% in a country earns.
Answers: 1
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The tables show the annual incomes for the citizens in two countries, Melka and Sorare. Use this inf...
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