As the Value of the Gini Coefficient Approaches One

question 82

Multiple Choice

As the value of the Gini coefficient approaches one,

• A)income distribution becomes less unequal.
• B)income distribution becomes more unequal.
• C)the percentage of the population under the poverty line increases.
• D)the percentage of the population under the poverty line decreases.

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Definitions:

Accepted Painting

An artwork that has been officially received or approved, often in the context of submissions to a gallery or competition.

Defective Goods

Products that are not as promised or are hazardous due to manufacturing or design flaws.

Recover Value

The act of obtaining the equivalent value of a loss or damage that has been inflicted, often through legal or financial means.

Misrepresented Solvency

The act of falsely presenting or lying about the financial stability or liquidity of an entity.