What does the Gini coefficient measure?
A) the rate of growth of income inequality over time
B) the degree of inequality in an income distribution
C) the correlation coefficient between income and education
D) the covariance of income and education
E) the degree of tax incidence paid by poor workers

Question

Quizplus · Accepted Answer

The Gini coefficient is a measure of the degree of inequality in an income distribution, with values ranging from 0 (perfect equality) to 1 (perfect inequality).

What Does the Gini Coefficient Measure