As the Value of the Gini Coefficient Approaches Zero

question 47

Multiple Choice

As the value of the Gini coefficient approaches zero

• 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.

---

Definitions:

Desired Return

The specific amount of profit a company aims to achieve on its investment or project, often expressed as a percentage.

Target Cost

The market-driven price that a product must meet or go below, after subtracting the desired profit margin, to remain competitive.

Competitor's Product

A product or service offered by a business rival in the same market, directly competing with one's own product or service offering.

Useful Life

The estimated duration a fixed asset is expected to be economically useful to an entity.