ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Mozambique has the least inequality when it comes to income distribution.
Algeria has the greatest inequality when it comes to income distribution.
The distribution of income in Egypt is less equitable than in Benin.
The distribution of income in Egypt is more equitable than in Benin.
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Transcribed Image Text:Mozambique has the least inequality when it comes to income distribution. Algeria has the greatest inequality when it comes to income distribution. The distribution of income in Egypt is less equitable than in Benin. The distribution of income in Egypt is more equitable than in Benin.
The Gini indices of five African countries are given in the table below:
Gini
Country
Index
Algeria
0.276
Benin
0.478
Cameroon 0.466
Egypt
0.315
Mozambique 0.540
Which of the following statements is TRUE about the income distribution
of these five countries?
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Transcribed Image Text:The Gini indices of five African countries are given in the table below: Gini Country Index Algeria 0.276 Benin 0.478 Cameroon 0.466 Egypt 0.315 Mozambique 0.540 Which of the following statements is TRUE about the income distribution of these five countries?
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