In 2012, Canada's Gini coefficient was 0.43, which is lower than that of the United States. What does this mean?
A) There is less inequality in Canada
B) There is more inequality in Canada
C) Canadians have more income than Americans
D) Americans have more income than Canadians

Question

Quizplus · Accepted Answer

The Gini coefficient measures income inequality in a society. A score of 0 represents perfect income equality, while a score of 1 represents perfect income inequality, with one individual or household holding all the income. Canada's Gini coefficient of 0.43 is lower than that of the United States, which means that there is less income inequality in Canada.

In 2012, Canada's Gini Coefficient Was 0