What does a Gini coefficient of 0.400 mean?
A) The area below the Lorenz curve represents 40% of the area below the equal distribution line.
B) The area above the Lorenz curve represents 40% of the area below the equal distribution line.
C) The Lorenz curve has a slope of 0.4 at its midpoint.
D) The Lorenz curve has a minimum slope of 0.4.
Correct Answer:
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