If the Gini Coefficient Is Zero, Then There Is

question 75

Multiple Choice

If the Gini coefficient is zero, then there is

• A)relative income equality.
• B)relative income inequality.
• C)complete income equality.
• D)complete income inequality.
• E)no information on the degree of income equality.

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Definitions:

Scenario Analysis

A process of analyzing possible future events by considering alternative possible outcomes (scenarios), often for the purpose of planning through uncertainty.

Sensitivity Analysis

Analyzes how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Simulation Analysis

Involves the use of mathematical models to predict the outcome of various financial strategies under different conditions.

Cash Break-Even

Cash break-even is the point at which a business's cash receipts equal its cash expenses, indicating the minimum amount of sales needed to cover all cash outflows without considering any profit.