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iVinArrow [24]
2 years ago
11

Assuming that the Gini coefficient for Egypt is 0.403 and the Gini coefficient for Australia is 0.404, it is possible to conclud

e that both Egypt and Australia have: a. virtually the same number of households in absolute poverty. b. virtually the same percentage of households in absolute poverty. c. virtually the same level of the Human Development Index. d. none of the above.
Business
1 answer:
artcher [175]2 years ago
8 0

Answer:

The correct answer is . d. none of the above.

Explanation:

Gini coefficient is a measure of the inequality devised by the Italian statistician Corrado Gini. It is normally used to measure income inequality, within a country, but it can be used to measure any form of unequal distribution. The Gini coefficient is a number between 0 and 1, where 0 corresponds to perfect equality (all have the same income) and where the value 1 corresponds to perfect inequality (one person has all income and none others ). The Gini index is the Gini coefficient expressed in reference to a maximum of 100, instead of 1, and is equal to the Gini coefficient multiplied by 100. A variation of two cents of the Gini coefficient (or two units of the index) is equivalent to a distribution of 7% of wealth from the poorest sector of the population (below the median) to the richest (above the median).

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Exercise 4-2A Allocating costs between divisions Beasley Services Company (BSC) has 50 employees, 28 of whom are assigned to Div
Rasek [7]

Answer:

(a) $9,000 per employee

(b) $252,000; $198,000

Explanation:

Given that,

Fringe benefits cost during 2018 = $450,000

Employees assigned to division A = 28

Employees assigned to division B = 22

(a) Allocation rate:

= Total cost to be allocated ÷ Cost driver

= $450,000 ÷ 50

= $9,000 per employee

(b) Cost assigned to A:

= Division Allocation Rate × Weight of base (No. of employees)

= $9,000 × 28

= $252,000

Cost assigned to B:

= Division Allocation Rate × Weight of base (No. of employees)

= $9,000 × 22

= $198,000

6 0
2 years ago
Comparing and contrasting sets of data in order to rank them and make a decision best defines _____.
Murrr4er [49]
Comparing and contrasting sets of data in order to rank them and make a decisions best defines as evaluation. In evaluation, you need to rank your employees for the compensation or salary increase that they will receive. The most performer will receive the biggest increase since he has done bigger.
4 0
2 years ago
Read 2 more answers
In terms of dollars, the marginal benefit of working five days a week instead of four days a week is A) the wages received for 4
dalvyx [7]

Answer:

B) the wages received for the fifth day of work.

Explanation:

Marginal benefit is the increment in benefit generated by an increase by one unit of output. In this situation, the marginal benefit is given by difference in wage of working five days a week from the wage of working four days a week. Therefore, the marginal benefit is the wage received for the fifth day of work.

The answer is alternative B)

7 0
2 years ago
Producer surplus directly measures a. the well-being of buyers and sellers. b. the well-being of society as a whole. c. the well
marissa [1.9K]

Answer:

c. the well-being of sellers.

Explanation:

A surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.

Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

On the other hand, consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

Hence, an export subsidy will increase producer surplus.

In conclusion, producer surplus directly measures the well-being of sellers.

4 0
2 years ago
Oxidants such as hydrogen peroxide have the ability to release?
GrogVix [38]

Oxidants such as hydrogen peroxide have the ability to release, oxygen.

Hope this helps!!


8 0
2 years ago
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