The table shows income data for a two-household economy. What is the approximate value of the Gini coefficient in this society?
$\begin{array}{|c|c|}
\hline \text { Household } & \text { Iacome } \
\hline 1 & \$ 25,000 \
\hline 2 & \$ 75,000 \
\hline \text { Total } & \$ 100,000 \
\hline
\end{array}$

Question

The table shows income data for a two-household economy. What is the approximate value of the Gini coefficient in this society?
 $\begin{array}{|c|c|}
\hline \text { Household } & \text { Iacome } \
\hline 1 & \$ 25,000 \
\hline 2 & \$ 75,000 \
\hline \text { Total } & \$ 100,000 \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of The table shows income data for a two-household economy. What is the approximate value of the Gini coefficient in this society?
 $\begin{array}{|c|c|}
\hline \text { Household } & \text { Iacome } \
\hline 1 & \$ 25,000 \
\hline 2 & \$ 75,000 \
\hline \text { Total } & \$ 100,000 \
\hline
\end{array}$

The Table Shows Income Data for a Two-Household Economy