What does the Gini Coefficient refer to?
A)The percentage breakdown of those living below and above the poverty line
B)The income ratio of the top and bottom fractions of society
C)The relative rise in income for certain segments of society
D)The absolute rise of a country's income

Question

Quizplus · Accepted Answer

The Gini Coefficient measures income inequality within a population, comparing the income distribution of a population to a perfect equal distribution. It is often represented as the ratio of the incomes of the top and bottom fractions of society.

What Does the Gini Coefficient Refer To