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Ukraine-1996 Ukraine-2019 First 20% of population 3.70% of income held 10% of income held First 40% of population 10.5% of income held 24.7% of income held First 60% of population 21.2% of income held 42.4% of income held First 80% of population 39.8% of income held 64.2% of income held 100% of population 100% of income held 100% of income held Which of the following is true with respect the distribution of income in Ukraine, based on the above table? a) Ukraine's income is becoming more unequally distributed during the period 1996-2019. b) The Gini Index for Ukraine is higher in 1996 compared to 2019. c) d) The area between the Lorenz Curve and the diagonal is smaller for Ukraine in 1996 compared to 2019. Gini Coefficient for Ukra is ver in 1996 compared to

Ukraine-1996 Ukraine-2019 First 20% of population 3.70% of income held 10% of income held First 40% of population 10.5% of income held 24.7% of income held First 60% of population 21.2% of income held 42.4% of income held First 80% of population 39.8% of income held 64.2% of income held 100% of population 100% of income held 100% of income held Which of the following is true with respect the distribution of income in Ukraine, based on the above table? a) Ukraine's income is becoming more unequally distributed during the period 1996-2019. b) The Gini Index for Ukraine is higher in 1996 compared to 2019. c) d) The area between the Lorenz Curve and the diagonal is smaller for Ukraine in 1996 compared to 2019. Gini Coefficient for Ukra is ver in 1996 compared to

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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Ukraine-1996 Ukraine-2019 First 20% of population 3.70% of income held 10% of income held First 40% of population 10.5% of income held 24.7% of income held First 60% of population 21.2% of income held 42.4% of income held First 80% of population 39.8% of income held 64.2% of income held 100% of population 100% of income held 100% of income held Which of the following is true with respect the distribution of income in Ukraine, based on the above table? a) Ukraine's income is becoming more unequally distributed during the period 1996-2019. b) The Gini Index for Ukraine is higher in 1996 compared to 2019. c) The Gini Coefficient for Ukraine is lower in 1996 compared to 2019. d) The area between the Lorenz Curve and the diagonal is smaller for Ukraine in 1996 compared to 2019.
Transcribed Image Text:Ukraine-1996 Ukraine-2019 First 20% of population 3.70% of income held 10% of income held First 40% of population 10.5% of income held 24.7% of income held First 60% of population 21.2% of income held 42.4% of income held First 80% of population 39.8% of income held 64.2% of income held 100% of population 100% of income held 100% of income held Which of the following is true with respect the distribution of income in Ukraine, based on the above table? a) Ukraine's income is becoming more unequally distributed during the period 1996-2019. b) The Gini Index for Ukraine is higher in 1996 compared to 2019. c) The Gini Coefficient for Ukraine is lower in 1996 compared to 2019. d) The area between the Lorenz Curve and the diagonal is smaller for Ukraine in 1996 compared to 2019.
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