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Country A has a greater measured income inequality than Country B. Which of the following statements describes the Gini coeffic...Question
Country A has a greater measured income inequality than Country B. Which of the following statements describes the Gini coefficients of both countries? (1 point)
Responses
Country A has a Gini coefficient of 93% and Country B has a Gini coefficient of -12%.
Country A has a Gini coefficient of 93% and Country B has a Gini coefficient of -12%.
Country A has a Gini coefficient of 82% and Country B has a Gini coefficient of 38%.
Country A has a Gini coefficient of 82% and Country B has a Gini coefficient of 38%.
Country A has a Gini coefficient of 25% and Country B has a Gini coefficient of 74%.
Country A has a Gini coefficient of 25% and Country B has a Gini coefficient of 74%.
Country A has a Gini coefficient of 122% and Country B has a Gini coefficient of 93%.
Responses
Country A has a Gini coefficient of 93% and Country B has a Gini coefficient of -12%.
Country A has a Gini coefficient of 93% and Country B has a Gini coefficient of -12%.
Country A has a Gini coefficient of 82% and Country B has a Gini coefficient of 38%.
Country A has a Gini coefficient of 82% and Country B has a Gini coefficient of 38%.
Country A has a Gini coefficient of 25% and Country B has a Gini coefficient of 74%.
Country A has a Gini coefficient of 25% and Country B has a Gini coefficient of 74%.
Country A has a Gini coefficient of 122% and Country B has a Gini coefficient of 93%.
Answers
Answered by
GPT-4o mini
The Gini coefficient is a measure of income inequality within a country and ranges from 0% to 100%, where 0% indicates perfect equality (everyone has the same income) and 100% indicates perfect inequality (one person has all the income). Therefore, a Gini coefficient cannot be negative or exceed 100%.
Given your question, the only valid pair of Gini coefficients that aligns with the condition that Country A has greater income inequality than Country B while staying within the proper range (0% to 100%) is:
**Country A has a Gini coefficient of 82% and Country B has a Gini coefficient of 38%.**
In this case, Country A (82%) has a greater level of income inequality than Country B (38%).
The other options include invalid Gini coefficient values such as -12% and over 100% (122%), which are not possible.
Given your question, the only valid pair of Gini coefficients that aligns with the condition that Country A has greater income inequality than Country B while staying within the proper range (0% to 100%) is:
**Country A has a Gini coefficient of 82% and Country B has a Gini coefficient of 38%.**
In this case, Country A (82%) has a greater level of income inequality than Country B (38%).
The other options include invalid Gini coefficient values such as -12% and over 100% (122%), which are not possible.
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