The __________ measures the degree of income inequality within a country. The measure ranges from zero (meaning that everyone has the same income) to 100 (meaning that one person receives all the income).
A) Helmicki coefficient
B) Georgia equation
C) Gross domestic inequality
D) Gini coefficient

Question

The __________ measures the degree of income inequality within a country. The measure ranges from zero (meaning that everyone has the same income) to 100 (meaning that one person receives all the income).
A) ​Helmicki coefficient
B) ​Georgia equation
C) ​Gross domestic inequality
D) ​Gini coefficient

Quizplus · Accepted Answer

The Gini coefficient is a widely used measure of income inequality. It ranges from zero to 100, with zero representing perfect equality (everyone has the same income) and 100 representing perfect inequality (one person has all the income).

The __________ Measures the Degree of Income Inequality Within a Country