All Gini Coefficients Must Lie Between 0 and 1

question 151

Multiple Choice

All Gini coefficients must lie between 0 and 1.The lower the value,

• A)the more unequal the income distribution.
• B)the closer the income distribution is to being equal.
• C)the greater the degree of poverty.
• D)the lower the degree of poverty according to the federal government's definition of poverty.

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Definitions:

Amortization

The systematic and rational allocation of the acquisition cost of an intangible asset over its useful life

Cash Inflow

Money coming into a business or an account, from various sources like sales, financing, or investment returns.

Sierra Legal Defence Fund

An organization dedicated to using legal avenues to protect the environment and advocate for conservation efforts, now known as Ecojustice Canada.

Raw Sewage

Untreated, unfiltered waste water and contents from residential, commercial, and industrial sources, containing a variety of contaminants.