question archive The diagram below illustrates a 3-person economy where the numbers in the circles are the market income of the person represented by the node
The diagram below illustrates a 3-person economy where the numbers in the circles are the market income of the person represented by the node
Subject:EconomicsPrice: Bought3
The diagram below illustrates a 3-person economy where the numbers in the circles are the market income of the person represented by the node. of 20 Tir a) The Gini market income coefficient for this 3-person economy is, rounded to two decimal places 0.18 individuals is the same 0.29 b) Say the wealthiest individual's disposable income, after tax, is 18. The disposable income of the as their market income. The Gini disposable income coefficient will be lower than them me coefficient 0.52 c) In this economy, we would get a • indicator of the degree of inequality by measuring the Gini Coefficient using the formula based on area under a Lorenz Curve. The diagram below illustrates a 3-person economy where the numbers in the circles are the market income of the person represented by the node. 20 14 a) The Gini market income coefficient for this 3-person economy is, rounded to two decimal places, b) Say the wealthiest individual's disposable income, after tax, is 18. The disposable income of the other two individuals is the same as their market income. The Gini disposable income coefficient will be lower than the market income coefficient. 14% c) In this economy, we would get a • indicator 25% pe of inequality by measuring the Gini Coefficient using the formula based on area under a Lorenz Curve. 20% The diagram below illustrates a 3-person economy where the numbers in the circles are the market income of the person represented by the node. 20 14 a) The Gini market income coefficient for this 3-person economy is, rounded to two decimal places, b) Say the wealthiest individual's disposable income, after tax, is 18. The disposable income of the other two individuals is the same as their market income. The Gini disposable income coefficient will be • lower than the market income coefficient. indicator of the degree of inequality by measuring the Gini Coefficient c) In this economy, we would get i using the formula based on areau less accurate more accurate similarly accurate
