If all the income of a country goes to one person, 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) to 1 (perfect inequality, where one person has all the income). If all income goes to one person, it represents perfect inequality, hence a Gini coefficient of 1.

If All the Income of a Country Goes to One