If Income Is Equally Distributed, the Gini Ratio Is Zero

question 251

True/False

If income is equally distributed, the Gini ratio is zero.

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Definitions:

Credit Card

A plastic card issued by banks or financial institutions, enabling the cardholder to borrow funds for payment to merchants or for cash advances.

Child User

A user account on a computer or online service that has restricted permissions and is usually monitored or controlled by a parent or guardian account.

Verification Process

A series of steps taken to confirm the accuracy, authenticity, or compliance of information, people, or processes.

Biometric Device

A device that uses unique biological characteristics, such as fingerprints or iris patterns, for identity verification.