A Gini coefficient is a measure of
a. age dispersion
b. the ratio of income to wealth
c. social security
d. the ratio of government spending to GDP
e. income distribution
E
Economics
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Suppose the inflation rate target is "0" and the long run federal funds target is also "0." If the federal funds rate set using the Taylor rule is 1.5% and inflation rate is 3%, the output gap is ________
A) 1.5% B) 6% C) -6% D) 4.5%
Economics
Suppose that the demand for oranges increases. Explain the long-run effects of the guiding function of price in this scenario
What will be an ideal response?
Economics