Assume Sweden has a Gini coefficient of 30% and Zambia has a Gini coefficient of 60%. Which of the following could be assumed from this data?(1 point)

Responses

Zambia has more agriculture than Sweden
Zambia has more agriculture than Sweden

Sweden has a higher income per capita
Sweden has a higher income per capita

Income is distributed more evenly in Sweden
Income is distributed more evenly in Sweden

Sweden is more developed than Zambia

1 answer

From the provided data regarding the Gini coefficients of Sweden and Zambia, we can make the following assumption:

Income is distributed more evenly in Sweden.

The Gini coefficient is a measure of income inequality, where a lower Gini coefficient indicates a more equal distribution of income. Since Sweden has a Gini coefficient of 30% (indicating more equality), and Zambia has a Gini coefficient of 60% (indicating greater inequality), we can conclude that income is distributed more evenly in Sweden.

While the other options may be generally true (such as Sweden having a higher income per capita or being more developed), those conclusions cannot be definitively drawn solely based on the Gini coefficient data provided.