Question

QUESTION 17 Bob Solo, an Alderaan citizen living in Alderaan, sold his dad's used Starfighter for $600 to his roommate in Aderaan. This impacted the Alderaan GDP components as follows: Of. NO IMPACT ON ANY GDP COMPONENTS IN THE YEAR 4000 c. Government Investment and expenditures (G) O d. Exports 00 b. Gross Private Domestic Investment (1) Oe. Imports (M) a. Personal Consumption (C) QUESTION 18 Spol The Gini index for the country Anchovy is 59. The Gini index for country Bass is 78. You need to decide which country you would like to live in to have the highest income, even if you are among the poorest 20% of the country's households. Which country should you choose? b. Bass a. Anchovy c. Unable to determine. Click Save and Submit to save and submit. Click Save All Annars to save all answers, Save Al Answers

Answer 1

17. The anwer is "No impacto on any GDP components in the year 4000"

GDP dosent include sale and purchase of second hand goods, Such transactions are excluded from GDP.

18. The answer is "Anchovy"

Gini Index or Gini coefficient is used to measure economic inequality, income distribution or, less commonly, wealth distribution among a population. A index near 0 relect greater equality whereas index of 1 reflect inequaltity in income. Multiplying the number with 100 to express it in percentage.

Here If we are the poorest 20% among household, then country "Anchovy" provides greater equality of income than "Bass". Thus for poor, distribution of wealth and income will be much better in Anchovy