Economics · Poverty and Inequality
What is the Palma ratio used to measure income inequality?
- 1Share of richest 10% population in GNI / Share of poorest 40% population in GNI✓
- 2Share of richest 1% population in GNI / Share of poorest 10% population in GNI
- 3Share of richest 10% population in GNI / Share of poorest 10% population in GNI
- 4Share of richest 1% population in GNI / Share of poorest 99% population in GNI
Correct answer
Share of richest 10% population in GNI / Share of poorest 40% population in GNI
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