Consider three different countries - P, M, and R. Country P is a poor country, country M is a middle-income country, and country R is a rich country. Which country will likely have the lowest Gini coefficient? Which country will likely have the highest? Justify your answer.

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The Answer of Consider three different countries - P, M, and R. Country P is a poor country, country M is a middle-income country, and country R is a rich country. Which country will likely have the lowest Gini coefficient? Which country will likely have the highest? Justify your answer.

Consider Three Different Countries - P, M, and R