True or false Recall we visited the Kabura family in Burundi by taking a stroll down Gapminder’s Dollar Street. The dollar values assigned to each household’s income by Gapminder’s Dollar Street account for the kids’ consumption in the household by using an adult equivalence scale.If we increase the incomes of everyone in an economy by an exact proportion, the Gini coefficient of inequality will increase by that same proportion.

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Answered: True or false Recall we visited the…

Economics For Today

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ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter12: Income Distribution, Poverty, And Discrimination

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Recall we visited the Kabura family in Burundi by taking a stroll down Gapminder’s Dollar Street. The dollar values assigned to each household’s income by Gapminder’s Dollar Street account for the kids’ consumption in the household by using an adult equivalence scale.
If we increase the incomes of everyone in an economy by an exact proportion, the Gini coefficient of inequality will increase by that same proportion.

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