Title: Consider how economic growth might affect equality and happiness.

Required :

1. Obtain data for income (GNI per capita), income inequality(Gini coefficient) and happiness for 10 countries from each of the World’s Bank income categories .
2. Provide a scatter diagram for each pair of variables for all countries. Is there any discernible relationship between GNI and happiness? Between GNI and the Gini coefficient? Between the Gini coefficient and happiness?
3. Now consider the 4 subgroups of income categories. Provide a scatter diagram between each pair of variable in each category. Is there any discernible relationship between GNI and happiness? Between GNI and the Gini coefficient? Between the Gini coefficient and happiness?
4. From the data and graphs, what do you conclude about the relationship between inequality and growth. Is it consistent with the Kuznets curve?
5. What do you conclude about the relationship between inequality and happiness? (Consider the entire group as well as the sub-groups).
6. Are there any countries with high income but low happiness and vice versa?

Price: $13.35

Solution: The downloadable solution consists of 8 pages, 535 words and 7 charts.
Deliverable: Word Document