Aggregate inequality measures that can vary anywhere from O (perfect equality) to 1 (perfect inequality) are given by________________?
Correct answer: A. Gini co-efficient
- A. Gini co-efficient
- B. Rostow's model
- C. Lewis theory
- D. None
Explanation
The Gini coefficient measures inequality on a scale from 0 for perfect equality to 1 for perfect inequality. Rostow's model and Lewis theory explain development processes rather than provide this numerical inequality index.
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Practise Agricultural Economics and Extension
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