Income inequality increases as the Gini coefficient approaches 1.

Name: Income inequality increases as the Gini coefficient approaches 1.
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The Gini coefficient measures the degree of inequality in income distribution. It ranges from 0, representing perfect equality, to 1, representing perfect inequality (one person holding all the income). Therefore, as the Gini coefficient approaches 1, income inequality increases.

Income Inequality Increases as the Gini Coefficient Approaches 1