If the Gini coefficient of a nation in 1980 was 0.50 and in 2020 it was 0.40, the nation'sO income inequality is less in 2020O income inequality is more in 2020O tax system is less progressive in 2020O tax system is more progressive in 2020

Gini Coefficient Is used to measure the inequality. Gini coefficient ranges from 0 to 1 There is…

If the Gini coefficient of a nation in 1980 was 0.50 and in 2020 it was 0.40, the nation's income inequality is less in 2020 income inequality is more in 2020 tax system is less progressive in 2020 tax system is more progressive in 2020

If the Gini coefficient of a nation in 1980 was 0.50 and in 2020 it was 0.40, the nation's income inequality is less in 2020 income inequality is more in 2020 tax system is less progressive in 2020 tax system is more progressive in 2020

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter15: The Distribution Of Income And Poverty

Section: Chapter Questions

Problem 4QP

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Question

If the Gini coefficient of a nation in 1980 was 0.50 and in 2020 it was 0.40, the nation's
O income inequality is less in 2020
O income inequality is more in 2020
O tax system is less progressive in 2020
O tax system is more progressive in 2020

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