Explain what information reveal to you about their economies
Problem
Research three countries to find their Gini coefficient. (The World Bank has this type of information.) Explain what this information reveals to you about their economies.
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Research three countries to find their Gini coefficient. Explain what this information reveals to you about their economies.
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Now suppose that U.S. American can buy their iphone from online Canadian retailers. How much should apple charge now for an iphone in the U.S? Show work.
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