For real-world economies, the Gini coefficient lies between
a. 1 and 10
b. 0 and 100
c. 0 and 1
d. –1 and +1
e. 0 and infinity
C
Economics
You might also like to view...
The optimal output of a collective consumption good is found by_____
a. equaling marginal cost and the vertical summation of all individual's demand curves b. equaling price and marginal cost c. equaling marginal cost and the horizontal summation of all individual's demand curves d. equaling marginal cost and long-run average total cost
Economics
In Figure 32.1, at the supported price-quantity combination where production is unlimited, and government buys the excess, the value to consumers is 
A. 0P*CQ*. B. 0HCQ*. C. 0ABQD. D. 0PfloorBQD.
Economics