Describe two ways of determining inequality and its trend


Problem

a. What are the broad facts reported in the news article about the changes in the income distribution in Canada's three big cities?

b. Describe two ways of determining inequality and its trend.

c. How does inequality and average income differ in Alberta and Prince Edward Island? What is the relationship between inequality and the average income in these provinces?

d. Describe and compare the scale of income redistribution in Alberta and Prince Edward Island.

e. What are the implications of the Alberta and Prince Edward Island data for the big tradeoff?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Describe two ways of determining inequality and its trend
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