A value of 1 in Gini index represents ?
Correct answer: B. maximum inequality
- A. low inequality
- B. maximum inequality
- C. 10/10 000% inequality
- D. 1% inequality
Explanation
The Gini index ranges from 0 to 1, where 0 represents complete equality and 1 represents the theoretical maximum inequality, with all income held by one person or household.
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