Table 20-5 *A Gini Coefficient Is a Commonly Used Measure of Income

question 280

Multiple Choice

Table 20-5

*A Gini coefficient is a commonly used measure of income inequality, with values between 0 and 1 (0 corresponds to perfect equality whereby everyone has exactly the same income, and 1 corresponds to perfect inequality where one person has all the income, while everyone else has zero income) .
Source: The World Bank
-Refer to Table 20-5.Which of the following statements is correct?

• A) Latvia has the most unequal distribution of income.
• B) France has a more equal distribution of income than Italy.
• C) Sweden has the most equal distribution of income.
• D) All of the above are correct.

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