Solved

-As the Income Distribution Becomes More Equal, the Gini Coefficient

Question 48

Multiple Choice

 Year  Gini Coefficient 10.3820.3630.4340.42\begin{array}{|c|c|}\hline \text { Year } & \text { Gini Coefficient } \\\hline 1 & 0.38 \\\hline 2 & 0.36 \\\hline 3 & 0.43 \\\hline 4 & 0.42 \\\hline\end{array}
-As the income distribution becomes more equal, the Gini coefficient


A) increases.
B) decreases.
C) gets closer to 1.
D) becomes negative.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents