If the Gini Coefficient Is One (1), This Means That

question 31

Multiple Choice

If the Gini coefficient is one (1) , this means that there is

• A)perfect income equality.
• B)some income inequality.
• C)complete income inequality.
• D)no area between the line of perfect income equality and the actual Lorenz curve.
• E)c and d

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Definitions:

Martyr

An individual who suffers death or persecution for advocating, renouncing, refusing to renounce, or refusing to advocate a belief or cause as demanded by an external party.

American Revolution

The conflict between the thirteen American colonies and British rule that led to the colonies declaring independence and forming the United States of America (1775-1783).

Regulators

Individuals or groups that control, monitor, or maintain the norms in various systems, including financial, environmental, and social domains.

Secure Possession

The legal state or condition of having a firm ownership or control over property or goods, safeguarded against loss, damage, or theft.