The following questions list 10 cases of two distributions of income, in each of states "A" and "B." (You can think of A and B as with and without some policy change.) In each case there are three people only (in last three cases four people), and their incomes are the numbers given. So in the first question, the first person in state A has an income of $1 (think of this as $1 per hour, or day), while the second person has $2, and the third has $3. In state B the same three people have incomes of $2, $4 and $6 respectively. There are no other differences between states A and B, and no other differences between people besides their incomes as indicated. m'our task is simple and it should not take more than a few minutes. Tell me which state (if either) in each question has migher "inequality." You should assume that everything else is identical between the two states; all that differs is the ncomes of the people. This is entirely your judgment, given how you interpret the concept of "inequality." There is no right" or "wrong" answer. It is entirely your personal assessment! Question 4 Which state has higher inequality? O State A: (1.2,3) O State B: (1,24) Same inequality in States A and B

Principles of Microeconomics (MindTap Course List)
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Chapter20: Income Inequality And Poverty
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The following questions list 10 cases of two distributions of income, in each of states "A" and "B." (You can think of A
and B as with and without some policy change.) In each case there are three people only (in last three cases four
people), and their incomes are the numbers given. So in the first question, the first person in state A has an income of
$1 (think of this as $1 per hour, or day), while the second person has $2, and the third has $3. In state B the same three
people have incomes of $2, $4 and $6 respectively. There are no other differences between states A and B, and no
other differences between people besides their incomes as indicated.
Your task is simple and it should not take more than a few minutes. Tell me which state (if either) in each question has
higher "inequality." You should assume that everything else is identical between the two states; all that differs is the
incomes of the people. This is entirely your judgment, given how you interpret the concept of "inequality." There is no
"right" or "wrong" answer. It is entirely your personal assessment!
D Question 4
Which state has higher inequality?
O State A: (1.2,3)
O State B: (1,2,4)
O Same inequality in States A and B
Transcribed Image Text:The following questions list 10 cases of two distributions of income, in each of states "A" and "B." (You can think of A and B as with and without some policy change.) In each case there are three people only (in last three cases four people), and their incomes are the numbers given. So in the first question, the first person in state A has an income of $1 (think of this as $1 per hour, or day), while the second person has $2, and the third has $3. In state B the same three people have incomes of $2, $4 and $6 respectively. There are no other differences between states A and B, and no other differences between people besides their incomes as indicated. Your task is simple and it should not take more than a few minutes. Tell me which state (if either) in each question has higher "inequality." You should assume that everything else is identical between the two states; all that differs is the incomes of the people. This is entirely your judgment, given how you interpret the concept of "inequality." There is no "right" or "wrong" answer. It is entirely your personal assessment! D Question 4 Which state has higher inequality? O State A: (1.2,3) O State B: (1,2,4) O Same inequality in States A and B
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