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Question 33 Not yet answered Marked out of 3 Flag question Cumulative share of income (%) 100 s=w/q B? B? u+n 100 Time left 1:59:31 Cumulative share of the population from lowest to highest income (%) Assume an economy with three groups of citizens: The unemployed, the employed, and the employers (owners). In this economy, u is the fraction of the population that is unemployed, n is the fraction of the population that is employed, w is the real wage, q is the output per employed worker and s = w/q is the wage share received by workers. How do you calculate the Gini coefficient based on the figure above? Select one: Oa. The sum of areas B1, B2 and B3 divided by area A. Ob. Area A divided by area B2. Oc. Area A divided by the sum of areas A, B1, B2 and B3. Od. Area A minus the sum of areas B1, B2 and B3.

          Question 33
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Cumulative share of income (%)
100
s=w/q
B?
B?
u+n
100
Time left 1:59:31
Cumulative share of the population
from lowest to highest income (%)
Assume an economy with three groups of citizens: The unemployed, the employed, and the
employers (owners). In this economy, u is the fraction of the population that is unemployed, n is the
fraction of the population that is employed, w is the real wage, q is the output per employed worker
and s = w/q is the wage share received by workers. How do you calculate the Gini coefficient
based on the figure above?
Select one:
Oa. The sum of areas B1, B2 and B3 divided by area A.
Ob. Area A divided by area B2.
Oc. Area A divided by the sum of areas A, B1, B2 and B3.
Od. Area A minus the sum of areas B1, B2 and B3.

$Question 33 Not yet answered Marked out of 3 Flag question Cumulative share of income (%) 100 s=w/q B? B? u+n 100 Time left 1:59:31 Cumulative share of the population from lowest to highest income (%) Assume an economy with three groups of citizens: The unemployed, the employed, and the employers (owners). In this economy, u is the fraction of the population that is unemployed, n is the fraction of the population that is employed, w is the real wage, q is the output per employed worker and s = w/q is the wage share received by workers. How do you calculate the Gini coefficient based on the figure above? Select one: Oa. The sum of areas B1, B2 and B3 divided by area A. Ob. Area A divided by area B2. Oc. Area A divided by the sum of areas A, B1, B2 and B3. Od. Area A minus the sum of areas B1, B2 and B3.$

Added by Peter L.

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