Describe two ways of determining inequality and its trend, Microeconomics

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Describe two ways of determining inequality and its trend

Question: Answer the following questions.

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?

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Microeconomics: Describe two ways of determining inequality and its trend

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Microeconomics: Describe two ways of determining inequality and its trend

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