As the value of the Gini coefficient approaches one
A) income distribution becomes less unequal.
B) the percentage of the population under the poverty line decreases.
C) income distribution becomes more unequal.
D) the percentage of the population under the poverty line increases.
C
Economics
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The currencies most often used in international transactions are frequently called
A) vehicle currencies. B) seignorage. C) target currencies. D) competitive currencies.
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When demand for labor is highly inelastic, many workers lose their jobs when the minimum wage is raised
Indicate whether the statement is true or false
Economics