47Check my woCumulative %of PopulationCumulative %of Income, ElSalvador,2000Cumulative %of Income, ElISalvador,2005204060801003.1124441001326100Cumulative %of Income,UnitedStates, 2005152949100United States data from the Congressional Budget Office at CBO.gov. Before-tax Income, rounded to whole %s.Data for other countries from WorldBank.org, rounded to whole %s.Report your answers to two decimal places.According to these data, the Gini coefficient for El Salvador in 2000 isThe Gini coefficient for El Salvador in 2005 isThese Gini coefficients indicate that in El Salvador, the income distribution was (Click to select) in 2000 compared to 2005.in the United States compared to El Salvador.In 2005, the income distribution was (Click to select) v4 of 8Next >Prev2:07 AM

The Gini Coefficient is a statistical device to calculate the income inequality of a country. The…

Answered: Cumulative % of Population Cumulative %…

Cumulative % of Population Cumulative % of Income, EI Salvador, 2000 Cumulative % of Income, EI Salvador, 2005 Cumulative % of Income, United States, 2005 data from th

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section: Chapter Questions

Problem 20AA

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Question

47
Check my wo
Cumulative %
of Population
Cumulative %
of Income, El
Salvador,
2000
Cumulative %
of Income, ElI
Salvador,
2005
20
40
60
80
100
3.
11
24
44
100
13
26
100
Cumulative %
of Income,
United
States, 2005
15
29
49
100
United States data from the Congressional Budget Office at CBO.gov. Before-tax Income, rounded to whole %s.
Data for other countries from WorldBank.org, rounded to whole %s.
Report your answers to two decimal places.
According to these data, the Gini coefficient for El Salvador in 2000 is
The Gini coefficient for El Salvador in 2005 is
These Gini coefficients indicate that in El Salvador, the income distribution was (Click to select) in 2000 compared to 2005.
in the United States compared to El Salvador.
In 2005, the income distribution was (Click to select) v
4 of 8
Next >
Prev
2:07 AM

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