Suppose that the United States has a Gini ratio of 0.41 while Sweden has a Gini ratio
Question:
Suppose that the United States has a Gini ratio of 0.41 while Sweden has a Gini ratio of 0.31. Which country has a more equal distribution of income?
a. The United States.
b. Sweden.
c. They are actually equal.
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b Sweden The higher the Gini ratio the more un ...View the full answer
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Related Book For 
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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