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The Gini coefficient in a perfectly unequal society will have a Gini coefficient of _____ while a perfectly equal society will have a Gini coefficient equal to _____.

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User Boggy
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1 Answer

4 votes

Answer: The correct answer is : 1; 0

Explanation: The Gini coefficient measures the degree of inequality in an income distribution. The Gini coefficient must fall when the amount of income in an economy increases. Gini Coefficient of zero means that everyone has the same income, while a Coefficient of 1 represents a single individual receiving all the income.

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User HBomb
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