Two South Pacific islands, Aba and Ema, have very different Gini coefficients. Aba's is 0.90 and Ema's is 0.40 . That's enough information to tell you that
a. both islands have a relatively equal income distribution because their Gini coefficients are both less than 1
b. Aba's income is growing faster than Ema's
c. Ema's distribution of income is less equal than Aba's
d. Ema's distribution of income is more equal than Aba's
e. Aba's population is growing faster than Ema's
D
Economics
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In the income-expenditure model, firms stand ready to provide all the output that is demanded
Indicate whether the statement is true or false
Economics
Refer to the above figure. A movement from Point A to Point B is caused by
A) an increase in income. B) an expectation of a decrease in the price of the good in that figure. C) a decrease in the price of the good in that figure. D) all of the above.
Economics