Mozambique has the least inequality when it comes to income distribution Algeria has the greatest inequality when it comes to income distribution. The distribution of income in Egypt is less equitable than in Benin. The distribution of income in Egypt is more equitable than in Benin.
Q: Some part of income inequality is likely to be the result of discrimination. But other factors…
A: Discrimination does result in income inequality but there are other factors also which results in…
Q: Thich one of the following would increase income inequality as measured by official Census data and…
A: Income inequalities increase the gap between the poor and the rich widens. In this case if social…
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Q: Most people in the United States living below the poverty line are _____________. Group of answer…
A: Answer: Poverty line: poverty line refers to the minimum level of income at which if any person…
Q: A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000,…
A: Given: Person Annual Income 1 55000 2 30000 3 15000 4 20000 5 35000 6 80000 7 40000…
Q: Define the term “POVERTY”. What are the determinants of poverty?
A: Poverty is a state in which the individuals are not able to satisfy even the basic requirements of…
Q: What does the following measure? The percentage of people with an income below a certain level?…
A: Poverty line: - Poverty line is the minimum income level that is considered compulsory or necessary…
Q: Differentiate Income Distribution and Wealth Distribution as well as discuss the different causes of…
A: Income distribution refers to equality with which income is divided among different sections of the…
Q: Which of the following statements about race and inequality is correct? Group of answer choices The…
A: Introduction: According to the United States Census Bureau, non-Hispanic whites or Non-Latino whites…
Q: Measuring Inequality: Consider the following (roughly measured) distribution of income in th…
A: The X axis represents the percentage of households in the society and the Y axis represents the…
Q: Assume that Denmark has a Gini co-efficient of 0.2. This means that it has a(n): (1) Equal…
A: In economics, the Lorenz curve is a graphical representation of the income distribution in an…
Q: Which of the following is a major cause of income inequality in the Uinited States? O Progressive…
A: Income equality refers to the situation when the income in an economy is not distributed evenly.…
Q: Explain three methods of measuring the income inequality of a nation?
A: Economic inequality is how wealth is spread inefficiently through a society. There are many…
Q: A Gini coefficient/index is a measure of Inequality O Indebtedness Happiness O Wealth
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is the difference between income inequality and wealth inequality? Can a household with a high…
A: The economic wealth is the procession of the ability to enjoy the small, ordinary pleasure of life.…
Q: Using the following information provided in the table below, calculate the Gini-coefficient for…
A: find below the answer.
Q: Canada had the following distribution of Income after taxes in 2006 Based on the information in the…
A: Gini Coefficient is a widely used measure for income inequality in the countries . Gini Coefficient…
Q: In an economy with perfect income equality the Gini coefficient would be
A: The Gini record, or Gini coefficient, measures pay appropriation across a populace.
Q: On the Lorenz curve, a household earning the median income is in the _______________ quintile.…
A: A Lorenz curve is a graphical representation of income or wealth distribution within a community.…
Q: A society with progressive income taxes will likely have a very unequal after-tax distribution of…
A: Explanation: A free-market economy produces AN unequal distribution of financial gain. Since the…
Q: Select all true statements about the evolution of inequality in Canada between 1975 and 2019…
A: If we look at data from the World bank, we will get the data of the Gini Coefficient for the country…
Q: The income distribution for a certain country in 1996 was estimated by the function f(x) = 0.66x2…
A: Income distribution defines the two-parameter model for the Lorenz Curve which shows the cumulative…
Q: Which of the following factors does NOT contribute to income inequality? A. THE RISE OF…
A: Income inequality is the wide gap between the money earned by the richest people in an economy when…
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A: Poverty is an economic issue that prevails in almost every country wherein the people are considered…
Q: Many economists believe that a more effective way to supplement the income of the poor is through a…
A: Taxes owed = (1/4 of income) - $10,000 --------------------- When income is $0 Taxes owed = (1/4 *0)…
Q: The degree of inequality in the distribution of income in an economy is depicted in aln O Lorenz…
A: The Lorenz curve is a representation of the distribution of a metric – consumption, wages,…
Q: Indicators of income inequality and poverty Country Gini coefficient Ratio of income at Poverty…
A: The "Gini coefficient," which is directly linked to the Lorenz curve, is the most commonly used…
Q: Percent of Percent of income income Beta Household percentage Lowest 20 percent Second 20 percent…
A: In an economy, Lorenz curve refers to line that shows the income inequality among the people of a…
Q: Should the government be involved to create more equality in income disparities
A: Income disparity is the way unevenly income is disseminated all through a populace. The less…
Q: In an effort to make the distribution of income more nearly equal, the government of a country…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Debate the economic arguments for and against income inequality
A: The unequal distribution of income across population is called income inequality. The dispersion is…
Q: The income inequalities in a country can be measured by _______!!!!!!!!! Need fast
A: According to the given question In Simple words we can say that the income inequality is basically…
Q: Why do you think there has been movement toward greater income equality during the 1929 to 1970…
A: The degree to which wealth is distributed unequally within a society is referred to as income…
Q: Explain and interpret different methods of measuring income inequality.
A: Income equality shows the differences between the income of different groups of people. It helps to…
Q: Explain the concept of absolute poverty and relative poverty.
A: According to the given question Poverty is what we can say that when the public or the people lacks…
Q: Lorenz curves of two different countries stylistically called ‘red’ and ‘green’.
A:
Q: Please identify the main reasons for the differences in the proportions of men and women in national…
A: Regional populations depend on social and economic factors.
Q: List three policies that can affect the level of economic inequality.
A: In the set of development instruments of a country, the economic inequality is always kept on the…
Q: Which of the following is NOT a component of the Multidimensional Poverty Index? Whether or not the…
A: To provide a more detailed examination of the amount of poverty and hardship, multidimensional…
Q: Statistics Canada measures the poverty rate as the percentage of people whose income falls below…
A: Poverty is a situation in which people are unable to afford bass necessities of life and lives in…
Q: Where is income inequality the worst?
A: Income inequality refers to the situation where there is wide misallocation of income between the…
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- Are ASEAN countries still experiencing absolute poverty, name the country and present some data based on your readings.a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura. Population 10 32 15Income per month per person 2000 96000 1500Total Population 57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population 10 32 15Income per month per person 1200 78000 900Total Population 57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation Explain,a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura. Population 10 32 15Income per monthper person 2000 96000 1500Total Population 57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population 10 32 15Income per monthper person 1200 78000 900Total Population 57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation.Explain. PLEASE ANSWER D.
- What are 3 main Human Development Indices used ? what is an advantage and disadvantage of each?How do income poverty measures differ from the UNDP’s Multidimensional Poverty Index? Why should we be concerned with the measurement of poverty in developing nations?How can we use data on the return to education to estimate how differences in education among countries contribute to differences in income among countries?
- What is meant by absolute poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP’s Multidimensional Poverty Index? Why should we be concerned with the measurement of poverty in developing nations?What is meant by Absolute Poverty? What measures of income poverty are favored by development economist? How do income poverty measure are differ from UNDP’s MPI? Why we are concerned about the measure for developing countries?What is meant by absolute versus relative poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP’s Multidimensional Poverty Index? Explain why should we be concerned with the measurement of poverty in developing nations!
- advantage of human poverty indexThis indicator calculates the proportion of the population with incomes below the estimated poverty line: Select one: a. Head Count Ratio b. Income Gap Ratio c. Human Poverty Index d. Human Development IndexWhat are the major changes of the global distribution of income from 1980 to 2022, with figures, including both within country and between country inequality?