The ________ is a measurement of the income distribution of a country's residents.

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Quizplus · Accepted Answer

The Gini index is a statistical measure of the income distribution of a country's residents. It measures the inequality of income distribution on a scale of 0 to 1, with 0 representing perfect equality (where everyone has the same income) and 1 representing perfect inequality (where one person has all the income). The higher the Gini index, the greater the inequality of income distribution. The Lorenz curve is a graphical representation of income distribution, but not a measurement. The pillar coefficient and OECD ratio are not commonly used measures of income distribution. The income ladder is not a measurement of income distribution, but rather a metaphorical representation of upward mobility in income.

The ________ Is a Measurement of the Income Distribution of a Country's