Question

The _____ the Gini coefficient, the more _____ the income distribution. Question 1 options: a) straighter;...

The _____ the Gini coefficient, the more _____ the income distribution.

Question 1 options:

a)

straighter; unequal

b)

higher; equal

c)

higher; unequal

d)

lower; unequal

Homework Answers

Answer #1

Gini coefficient or Gini ratio in simple terms helps in finding the income or wealth distribution in any economy

its value ranges between 0 to 1

the value close to 0 represents the perfect equality of wealth distribution in the economy

opposite to it is when the value move more towards one

A higher value represents the higher inequality in that country

so it can be said that the higher the value of Gini coefficient ,the more unequal there income distribution is

Hence the correct answer here is option C

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