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.

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter18: Income Distribution And Poverty
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100%
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
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.
019.
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 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. 019.
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