If everyone in a country earns the same income, then the Gini coefficient of the country will be:
A) 0.
B) 0.5.
C) 1.
D) 100.

Question

Quizplus · Accepted Answer

The Gini coefficient measures income inequality within a population, ranging from 0 (perfect equality, where everyone has the same income) to 1 (perfect inequality, where one person has all the income). If everyone earns the same income, it represents a state of perfect equality, hence the Gini coefficient would be 0.

If Everyone in a Country Earns the Same Income, Then