A Gini Coefficient of 2

question 10

Multiple Choice

A Gini coefficient of 2,

• A)tells us that 2 percent of the households in the country receive 100 percent of total income.
• B)tells us that 2 percent of the households in the country receive 50 percent of total income.
• C)tells us that 50 percent of the households in the country receive only 2 percent of total income.
• D)would be impossible because the Gini coefficient cannot be greater than 1.

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Definitions:

Preferred Goals

Objectives or outcomes that are more desirable or have been prioritized by an individual or organization.

Dual Accountability

The concept where an individual or entity is held responsible to two different authorities or sets of standards.

Establishing Controls

The process of implementing procedures or systems to manage, regulate, and guide activities within an organization, ensuring that objectives are met.

Assessing Skills

The process of evaluating one's abilities and competencies in various areas to identify strengths and development needs.