1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
3 years ago
8

A. The Gini ratio is:

Business
1 answer:
rusak2 [61]3 years ago
3 0

Answer:

A. (a, the area between the diagonal line and the lorenz curve divided by the total area below the diagonal line)

B. (a, a perfectly unequal income distribution will have a Gini ration of 1.)

C. (a, more equal)

Explanation:

A. Gini ratio can be defined as the statistical determination of the wealth and income distribution among a country's populace.

It can also be called Gini coefficient or Gini index, and it is a measure of the inequality in income and wealth distribution.

The Gini ration is calculated by finding the difference between the Lorenz curve and the uniform distribution line, then divided by the total area under the uniform distribution line. A Gini ration of <0.2 is the perfect income equality.

B. Gini ratio cannot exceed 1 because a perfectly unequal income distribution will have a Gini ratio of 1. This means that the line of equality does not move irrespective of whether or not the Lorenz curve changes.

C. If the Gini ratio declines from 0.42 to 0.35, then that means that income has become more equal. Note that a Gini ratio of <0.2 signifies a perfect income distribution, slightly greater than 0.2 to ).35 signifies that income distribution is close to equality.

Cheers.

You might be interested in
david wants to know if his company's resources are being used in the best, most productive manner in order to achieve company go
abruzzese [7]

David wants to know if his company’s resources are being used in the best, most productive manner in order to achieve company goals. David wants to know his organization’s efficiency.

<h3>What is the significance of the organization’s efficiency?</h3>

Organizational efficiency of an organization mainly examines and determines how to increase the productivity of an organization by using a specific amount of resources.

Organization’s efficiency plays a very significant role in the smooth and effective operations of the firm as it helps the organization achieving the objectives.

Basically, the efficiency of an organization completely depends on its employees, resources, goals and objectives.

Learn more about organization’s efficiency here:-

brainly.com/question/13021831

#SPJ4

7 0
1 year ago
To figure out what type of tests you are best at, you should
RUDIKE [14]
Take a small quiz of each subject and have someone grade it and then you will know the answer to your question
3 0
3 years ago
Read 2 more answers
a. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only
weqwewe [10]

Answer:

Trial Balance :    Debit 15558  = 15558 Credit

Explanation:

b.) Noncollectable amount = $5300 * 35% = 1855

 Entry: Dr bad debts expense  1855

                  Cr Allowance for bad debts     1855

        (To record bad debts expense).

5300-1855= 3445 * 3% = $103 will not be collected.

Entry:          Dr  Bad debts expense  103

                            Cr  Allowance for bad debts   103

        ( To record bad debts expense)      

d.) Entry:

           Dr Income tax expense 13600

                    Cr Income tax payable   13600

    (To record accrued income tax expense).

Ledgers  :

Bad debt expense = 1855+103 = 1958

Allowance for bad debts = 1855+103 = 1958

Income tax expense = 13600

income tax payable = 13600.

Trial balance:

                               

_Dr__________________________________________________Cr____

        Bad debt expense     1958     -----     1958 Allowance for bad debts

         Income tax expense 13600   -----  13600  Allowance for bad debts

Total =  15558                                              -------      Total = 15558

5 0
3 years ago
Portfolio investment is defined as A. the diversification of purchasing shares in many companies in one country so that risk is
disa [49]

Answer:b

Explanation:

4 0
3 years ago
Who is Patrick Jorgenson? What does he do for a living?
Reika [66]

Answer:

I think you mean Patrick Jørgensen

Explanation:

He is a musical artist and if you don't mean Patrick Jørgensen I'm sorry

7 0
2 years ago
Other questions:
  • One of the most important requirements of a land description is for it to be unambiguous. Which of the following methods of prop
    5·1 answer
  • for $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project the firm’s growth ra
    14·1 answer
  • At Seven Cycles, customers can arrange for a custom-made bike to fit their specifications, which is an example of ,how electroni
    11·1 answer
  • A consumer might read a corporate blog in order to ________.
    7·2 answers
  • Regardless of whether a business uses FIFO, LIFO, or weighted average cost for its inventory costing system, cost of goods avail
    9·1 answer
  • With _____, resources are wasted because they are not used efficiently.
    11·2 answers
  • Which negotiation approaches rainbow paints and xingpe are using?<br><br><br><br><br><br><br> .
    7·1 answer
  • What is the main function of the federal deposit insurance corporation?.
    10·1 answer
  • Insurance companies willingly take on our risks for a fee. give an example of a risk that you or someone else has chosen to insu
    15·1 answer
  • The national organization for women (now), the american civil liberties union (aclu), and the national right to life committee a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!