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:

Percentage Increase

The rate at which a specific quantity grows over a particular period of time, expressed as a fraction of the initial value.

Sales Data

Information related to the sales performance of a company, including volume, trends, and geographical distribution of sales.

Liquidity Ratio

Financial metrics that measure a company's ability to meet its short-term obligations with its liquid assets.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.