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.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
5. Income inequality and the poverty rate The following table summarizes the income distribution for the...
5. Income inequality and the poverty rate The following table summarizes the income distribution for the town of Perkopia, which has a population of 10,000 people. Every individual within an income group earns the same income, and the total annual income in the economy is $500,000,000. Suppose that in 2000, the poverty income threshold, or poverty line, is set at an annual income of $27,400 for an individual. Year Share of Total Income in Perkopia (Percent) Lowest Quintile Second Quintile...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with differently to prevent further damage? THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT