Cumulative % of Population Cumulative % of Income, 20 40 60 80 100 9. 21 37 58 100 Bangladesh, 2010 Cumulative % of Income, 6. 18 35 58 100 Spain, 2010 Cumulative % of Income, 29 49 100 United States, 2010 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 Bangladesh in 2010 is The Gini coefficient for Spain in 2010 is in Bangladesh compared to Spaim These Gini coefficients indicate that in 2010, the income distribution was more equal V in the United States compared to Bangladesh. In 2010, the income distribution was more unequal

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
Problem 1CQQ
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Question
15
Cumulative %
of Population
Cumulative %
of Income,
20
40
60
80
100
21
37
58
100
Bangladesh,
2010
Cumulative %
of Income,
6.
18
35
58
100
Spain, 2010
Cumulative %
of Income,
29
49
100
United
States, 2010
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 Bangladesh in 2010 is
The Gini coefficient for Spain in 2010 is
in Bangladesh compared to Spain.
These Gini coefficients indicate that in 2010, the income distribution was more equal
In 2010, the income distribution was more unequal in the United States compared to Bangladesh.
Transcribed Image Text:15 Cumulative % of Population Cumulative % of Income, 20 40 60 80 100 21 37 58 100 Bangladesh, 2010 Cumulative % of Income, 6. 18 35 58 100 Spain, 2010 Cumulative % of Income, 29 49 100 United States, 2010 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 Bangladesh in 2010 is The Gini coefficient for Spain in 2010 is in Bangladesh compared to Spain. These Gini coefficients indicate that in 2010, the income distribution was more equal In 2010, the income distribution was more unequal in the United States compared to Bangladesh.
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