Question
For each of the following, identify it as income or wealth. Then if you were to measure the Gini for the ownership of that item,
For each of the following, identify it as income or wealth.
Then if you were to measure the Gini for the ownership of that item, would it likely be higher or lower than the Gini for US income? Wny?
A) sailing boats
B) interest on bank accounts
C) tips received by waitstaff
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
