Which coefficient measures the income inequality within a country?

Question

Quizplus · Accepted Answer

The Gini coefficient is a measure of income inequality within a country, with higher values indicating greater inequality. The coefficient ranges from 0 (perfect equality, where everyone has the same income) to 1 (perfect inequality, where one person has all the income and everyone else has none). Therefore, A is the best choice for the coefficient that measures income inequality within a country.

Which Coefficient Measures the Income Inequality Within a Country