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Karen Arellano
on Oct 26, 2024

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If a nation's Gini coefficient is rising over time,it is an indicator of a(n) :

A) increase in the poverty rate.
B) decrease in the poverty rate.
C) increase in income inequality.
D) decrease in income inequality.

Gini Coefficient

An index measuring the degree of income inequality in a population, ranging from 0 (perfect equality) to 1 (maximum inequality).

Income Inequality

The uneven distribution of income within a population.

  • Explain the significance of the Gini coefficient as a measure of income inequality.
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kayla douglasNov 01, 2024
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