Suppose that Spain has a Gini coefficient of 0.5, France has a Gini coefficient of 0.4, and Germany has a Gini coefficient of 0.3. Based on this information, which of the following statements about income inequality in the three countries are correct? Check all that apply. The ratio of the total income of the lowest quintile of income distribution to the total income of the highest quintile of income distribution is higher in France than in Germany. The lowest quintile of Spain's income distribution earns a lower percentage of the aggregate Spanish income than the lowest quintile of France's income distribution does of the aggregate French income. The ratio of the total income of the lowest quintile of income distribution to the total income of the highest quintile of income distribution is higher in Spain than in Germany. France has a higher degree of income inequality than Germany but lower than Spain. Germany has a higher degree of income inequality than France or Spain.

Answers

Answer 1

Answer:

Answer:

France has a higher degree of income inequality than Germany but lower than Spain.

Explanation:

The Gini Coefficient: measures the economic inequality in a country's economy, by measuring income distribution.

The smaller the Gini Coefficient, the lesser income inequality in a country, a 0 coefficient means perfect equality while 1 represents perfect inequality.

France's inequality is higher than Germany's due to higher Gini coefficient, but lower than Spain's inequality.

Answer 2

Answer:

Final answer:

Based on the Gini coefficients provided, France has a higher degree of income inequality than Germany but lower than Spain. The lowest quintile of Spain's income distribution earns a lower percentage of the total income than the lowest quintile of France's income distribution. The ratio of the total income of the lowest quintile to the highest quintile is higher in Spain than in Germany.

Explanation:

Income inequality can be measured using the Gini coefficient, which ranges from 0 to 1. A higher Gini coefficient indicates a higher degree of income inequality. Based on the Gini coefficients provided, we can infer the following:

The ratio of the total income of the lowest quintile to the highest quintile is not higher in France than in Germany.
The lowest quintile of Spain's income distribution earns a lower percentage of the total income than the lowest quintile of France's income distribution.
The ratio of the total income of the lowest quintile to the highest quintile is higher in Spain than in Germany.
France has a higher degree of income inequality than Germany, but lower than Spain.
Germany has a higher degree of income inequality than France or Spain.

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Answers

Answer:

The answer is there will a loss of $1600 if the material is reworked rather than sold at scrap value.

Explanation:

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Answers

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Literacy and language development should be supported as early as A. age two.
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Answers

Literacy and language development should be supported as early as infancy. Thus, option B is appropriate.

Grammar and vocabulary make up the structured system for interaction known as language. It is the primary means through which individuals convey meaning in both spoken and written language. This can also be accomplished using sign language.

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Answer:

B. Infancy

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Answers

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Answers

Answer:

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Explanation:

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Answers

The willingness to work and take more responsibility for the work shows the efficiency of the person towards the company and his job. It shows that the person is willing to learn more and enhance his skills for upgrading his position and earning more.

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