This topic contains a solution. Click here to go to the answer

Author Question: Suppose the United States has a Gini coefficient of 0.4 and Sweden has a Gini coefficient of 0.25. ... (Read 315 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
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) Income distribution is changing faster in the United States.
  B) The distribution of income is more equal in the United States.
  C) Without information on population, it is not possible to compare income distribution between countries.
  D) The distribution of income is more equal in the Sweden.

Question 2

If the marginal propensity to save is 0.4, then a 2 million increase in disposable income will
 
  A) increase consumption by 5 million. B) decrease consumption by 1.2 million.
  C) increase consumption by 1.2 million. D) decrease consumption by 5 million.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library