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Lorenz Curve and Gini Coefficient
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Problem 10
Lorenz Curve and Gini Coefficient
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16. Income Inequality and Poverty / Lorenz Curve and Gini Coefficient / Problem 10
Problem 10
What does a Gini coefficient closer to 1 imply about a country's income distribution?
A
The income distribution is perfectly equal.
B
There is a high level of income equality.
C
The income distribution is random.
D
There is a high level of income inequality.
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