Solved

Figure 18-6 Figure 18-6 Shows the Lorenz Curves for Islandia and Syldavia

Question 159

Multiple Choice

Figure 18-6
Figure 18-6 Figure 18-6 shows the Lorenz curves for Islandia and Syldavia. -Refer to Figure 18-6.If area X = 2,060, area Y = 240, and area Z= 2,700, calculate the Gini coefficient for Syldavia. A) 0.05 B) 0.12 C) 0.46 D) 0.85
Figure 18-6 shows the Lorenz curves for Islandia and Syldavia.
-Refer to Figure 18-6.If area X = 2,060, area Y = 240, and area Z= 2,700, calculate the Gini coefficient for Syldavia.


A) 0.05
B) 0.12
C) 0.46
D) 0.85

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q154: The average tax rate is calculated as<br>A)total

Q155: Table 18-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 18-1

Q156: The idea that two taxpayers in the

Q157: Which of the following is the largest

Q158: All of the following occur whenever a

Q160: Figure 18-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 18-1

Q161: The actual division of a tax between

Q162: Rational ignorance<br>A)explains why consumers ignore sunk costs

Q163: Suppose the equilibrium price and quantity of

Q164: The Arrow impossibility theorem explains<br>A)why there is