The _____ is based on the assumption that an equal distribution of income or wealth is one in which each participant has an equal and proportionate share of the whole.

Question

Quizplus · Accepted Answer

The Gini Index measures income inequality by calculating the difference between the actual income distribution and a hypothetical equal distribution where everyone has an equal share. The closer the Gini Index is to 0, the more equal the distribution of income or wealth. Therefore, the statement in the question about an equal distribution of income or wealth aligns with the concept behind the Gini Index.

The _____ Is Based on the Assumption That an Equal