what-does-a-gini-coefficient-closer-to-1-imply-about-a-countrys-income-distribut

Question

What does a Gini coefficient closer to 1 imply about a country's income distribution?

Accepted Answer

There is a high level of income inequality.

Answer

The income distribution is perfectly equal.

Answer

There is a high level of income equality.

Answer

The income distribution is random.