The U.S. Gini coefficient is
A) high, indicating a high degree of internal inequality.
B) low, indicating a high degree of internal equality.
C) low, indicating a low degree of internal inequality.
D) high, indicating a high degree of internal equality.

Question

Quizplus · Accepted Answer

The Gini coefficient measures income inequality, with 0 representing perfect equality and 1 representing perfect inequality. The U.S. Gini coefficient is around 0.48, which is considered high compared to other developed countries. This indicates that there is a high degree of internal inequality in the United States.

The U.S. Gini Coefficient Is