Table 20-10 *A Gini coefficient is a commonly used measure of income inequality, with values between 0 and 1 (0 corresponds to perfect equality whereby everyone has exactly the same income, and 1 corresponds to perfect inequality where one person has all the income, while everyone else has zero income).
Source: The World Bank
-Refer to Table 20-10. Which country has the most unequal income distribution?

Question

Table 20-10  *A Gini coefficient is a commonly used measure of income inequality, with values between 0 and 1 (0 corresponds to perfect equality whereby everyone has exactly the same income, and 1 corresponds to perfect inequality where one person has all the income, while everyone else has zero income).
Source: The World Bank
-Refer to Table 20-10. Which country has the most unequal income distribution?

Quizplus · Accepted Answer

Latvia is known to have a higher level of income inequality compared to Italy, France, and Sweden, which typically have more redistributive policies and social welfare systems that reduce income inequality.

Table 20-10 *A Gini Coefficient Is a Commonly Used