If One Person Has All the Income and Everyone Else

question 202

True/False

If one person has all the income and everyone else has none, the Gini ratio is 1.

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Definitions:

Anxiety

A psychological condition marked by intense anxiety, worry, or dread that significantly disrupts everyday life functions.

Inhibited Attachment

A type of emotional disorder of infancy and early childhood characterized by a persistent failure to initiate or respond to most social interactions in a developmentally appropriate way.

Extraversion

A personality trait characterized by sociability, talkativeness, assertiveness, and excitability.

Conscientiousness

A trait indicating an individual's inclination towards structured organization, trustworthiness, and a significant sense of responsibility.