Answer to Question #102958 in Macroeconomics for Michael

Question

Which of the following countries have the highest inequality? Important: change all the values to the same measurement, that is, either change the Gini coefficients to Gini indexes ( or vice versa) and then compare the values.

1. Brazil with a Gini coefficient of 0,52
2. India with a Gini index of 33,3
3. South Africa with a Gini coefficient of 0,65
4. China with a Gini index of 37,0

B. According to Keynesian model, the factors that influence a households induced consumption are the marginal propensity to consume and ..........

1. Its disposable income
2. Its total wealth
3. The number of persons in the household
4. Its net wealth

Answer 1

A-3;

B-1