Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 20 - Part VI - Income Inequality and Poverty - Quick Check Multiple Choice - Page 430: 2

Answer

D) has less equality than most advanced nations but more equality than many developing countries

Work Step by Step

The Gini Index shows us that the U.S. has more income equality than developing countries, but less income equality than other developed countries.
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