Which of the following Gini ratios indicates the lowest degree of income inequality? 0.45 0.31 0.55 0.71
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Step 1
The Gini ratio (or Gini coefficient) measures income inequality within a population, ranging from 0 to 1. A value of 0 indicates perfect equality (everyone has the same income), and a value of 1 indicates maximum inequality (one person has all the income). Show more…
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