Most of the world's population and a majority of countries are OA. there is no majority. The world's population and countries are evenly distributed across income groups. OB. either low-income or middle-income. OC. high-income. D. low-income.
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- a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura. Population 10 32 15Income per month per person 2000 96000 1500Total Population 57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population 10 32 15Income per month per person 1200 78000 900Total Population 57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation Explain,a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura. Population 10 32 15Income per monthper person 2000 96000 1500Total Population 57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population 10 32 15Income per monthper person 1200 78000 900Total Population 57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation.Explain. PLEASE ANSWER D.What are demographics? Why are they important tointernational marketers?
- Which of the following groups has the fastest-growing population in the United States? a. Households headed by female members b. Households headed by married couples c. Households headed by male members d. Households headed by Hispanics e. Households headed by African AmericansIncome redistribution A.may increase social welfare as long as there is no reduction in efficiency. B.may help some individuals, but does not increase social welfare. C.may increase social welfare and reduce efficiency. D.may increase social welfare and has no effect on efficiency.Income redistribution a. may help some individuals, but does not increase social welfare. b. may increase social welfare and has no effect on efficiency. c. may increase social welfare as long as there is no reduction in efficiency. d. may increase social welfare and reduce efficiency.
- How does a society or a country make the decisionabout the tradeoff between equality and economicoutput? Hint: Think about the political system.The richest 20% of the population in Economy B has approximately ______% of the economy's income. A. 5 B. 35 C. 40 D. 65 E. 95Indigenous people are ranked among the lowest income groups in Canada. O True O False
- How to determine that a country population is living a propsper lifea. Explain what is the income inequality in global economic issue. b. Explain what are the causes of income inequality in global economic issue. c. Explain what are the consequences of income inequality in global economic issue.Non-high-income countries are found in O a. In Asia, Western Europe, North America, and Africa O b. It can be found in all parts of the world O c. In Africa, South America, Asia, and Western Europe O d. In Africa, Asia, Eastern Europe, and Latin America O e. In Africa, Latin America, North America, Asia, and Europe
