Global Income Inequality Quiz

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Questions and Answers

Which country has the highest level of income inequality compared to Singapore, based on the information provided?

  • South Korea
  • United States (correct)
  • China
  • India

Which country's Gini coefficient decreased more significantly after accounting for taxes and transfers, compared to Singapore?

  • U.K. (correct)
  • Japan
  • United States
  • Australia

Which country is mentioned as having a similar level of income inequality as Singapore?

  • Japan (correct)
  • China
  • India
  • United States

What does Cambridge University economics professor Diane Coyle say about economic growth?

<p>It is a moral imperative. (D)</p> Signup and view all the answers

Why does Professor Coyle argue that GDP is no longer an adequate measure of economic growth?

<p>It is a statistical framework established around 70 years ago. (D)</p> Signup and view all the answers

What is a growing economy characterized by, according to Professor Coyle?

<p>A sense of possibility for the future and hope. (B)</p> Signup and view all the answers

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