Economics · National Income and Inequality
The 'Gini Coefficient' is a statistical measure often used to represent which of the following in an economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The degree of income or wealth inequality✓
- 2The rate of inflation
- 3The level of absolute poverty
- 4The human development index
Correct answer
The degree of income or wealth inequality
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