If the gini coefficient is zero there is a relative

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8.If the Gini coefficient is zero, there isa.relative income equality.b.complete income inequality.c.complete income equality.d.relative income inequality.e.none of the aboveANS: CDIF:Easy
9.If the Gini coefficient is 1, there isDIF:Easy
10.The Gini coefficient is a number betweenDIF:Easy
11.The larger the Gini coefficient, theDIF:Easy
12.One way to reduce the degree of income inequality is toa.increase transfer payments going to people with low labor and asset incomes and increasetaxes on people with high labor and asset incomes.b.decrease transfer payments going to people with low labor and asset incomes and decreasetaxes on people with high labor and asset incomes.c.increase transfer payments going to people with low labor and asset incomes by less thantaxes are increased on the same people.
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Chapter 13 / Exercise 15
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d.increase transfer payments going to people with high labor and asset incomes by morethan taxes are increased on the same people.e.a and cANS: ADIF:Moderate13.One measure of the severity of poverty is the ratio of income to poverty which is calculated byDIF:Moderate
14.Anytime the ratio of income to poverty for a family isDIF:Moderate
15.In 2003, the poverty income threshold for an individual under 65 years old wasDIF:ModerateNOT: NEW
16.Which of the following is an example of human capital?a.a computerb.an electronic calculatorc.educationd.stocks and bondsANS: CDIF:Easy
17.Which of the following statements is false?DIF:Moderate

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Term
Spring
Professor
Dungan
Tags
Gini coefficient, Household income in the United States, Income distribution
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Mathematical Excursions
The document you are viewing contains questions related to this textbook.
Chapter 13 / Exercise 15
Mathematical Excursions
Aufmann
Expert Verified

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