Question

Question33 Table 30 Country Gini Coefficient* Sweden 0.240 France 0.275 Italy 0.319 United Kingdom 0.324 Portugal...

Question33

Table 30

Country Gini Coefficient*
Sweden

0.240

France

0.275

Italy

0.319

United Kingdom

0.324

Portugal

0.375

Latvia

0.387


Refer to Table 30. Which of the following statements is correct?

Group of answer choices

Portugal has a more equal distribution of income than United Kingdom.

France has a more equal distribution of income than Italy.

Sweden has the most unequal distribution of income.

All of the above are correct.

Question 35

Table 36


Quintile

Shares of Income by Quintile, 1990

Shares of Income by Quintile, 2000

Shares of Income by Quintile, 2011

Bottom Fifth (20%)

4.6%

4.3%

3.8%

Second Fifth (20%)

10.8%

9.8%

9.3%

Middle Fifth (20%)

16.6%

15.5%

15.1%

Fourth Fifth (20%)

23.8%

22.8%

23.0%

Top Fifth (20%)

44.3%

47.4%

48.9%

Source: U.S. Bureau of Census


Refer to Table 36. Comparing data from 2000 and 2011, which of the following statements is correct?

Group of answer choices

There has been no change in overall income inequality because the share of income held by the fourth fifth is nearly identical.

Overall income inequality has worsened slightly, as shown by the simultaneous increase in the share of income held by the top fifth and the decrease in the share of income held by the bottom fifth.

Overall income inequality has improved because the share held by the second fifth has declined by 0.5%.

None of the above is correct.

Homework Answers

Answer #1

Q34) b)

France has a more equal distribution of income than Italy.

36) b)

Overall income inequality has worsened slightly, as shown by the simultaneous increase in the share of income held by the top fifth and the decrease in the share of income held by the bottom fifth.

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