Income Inequality Increases as the Gini Coefficient Approaches 1

question 3

True/False

Income inequality increases as the Gini coefficient approaches 1.

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Definitions:

Urban Areas

Regions characterized by higher population density and vast human features in comparison to areas surrounding them.

Employment

The condition of having paid work or the relationship between an employer and an employee.

Tax Laws

Regulations governing the taxation of income, property, goods, services, and estates.

Home Ownership

The state or process of owning a house or an apartment; often seen as a key component of the American Dream.