The greatest degree of income inequality is achieved when the Gini coefficient equals
A) -1.
B) negative infinity.
C) zero.
D) infinity.
E) 1.
Correct Answer:
Verified
Q123: Exhibit 14-5 Q124: The farther the Lorenz curve bows down Q125: Exhibit 14-5 Q126: If the Gini coefficient is zero, then Q127: The diagram that provides a picture of Q129: In terms of income, the top fifth Q130: In terms of income, the lowest 20 Q131: The smaller the Gini coefficient, the Q132: The Gini coefficient can take on any Q133: Which of the following statements about income
A)larger the
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