Suppose that you are comparing two economies, A and B. The FGT indices (with =

Question:

Suppose that you are comparing two economies, A and B. The FGT indices (with α = 2for the two countries are the same. However, the head-count and the income gap ratio are both higher for economy A than for B. What can you say about the coefficient of variation of income distribution among the poor in these two economies? What about the inequality of the entire income distributions in these two economies?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: