If a nation's Gini coefficient is rising over time,it is an indicator of a(n):
A)increase in the poverty rate.
B)decrease in the poverty rate.
C)increase in income inequality.
D)decrease in income inequality.

Question

Quizplus · Accepted Answer

The Gini coefficient measures the degree of income inequality in a country, with higher values indicating more inequality. Therefore, if a nation's Gini coefficient is rising over time, it indicates an increase in income inequality. It does not necessarily provide information about the poverty rate.

If a Nation's Gini Coefficient Is Rising Over Time,it Is