Practice mode Agricultural economics

Which aggregate inequality measure can range from 0 (perfect equality) to 1 (perfect inequality)?

Correct answer C. Gini coefficient

Explanation

The Gini coefficient is the area between the Lorenz curve and the line of equality divided by the whole area under that line, giving a value between 0 and 1.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.