Question
A Gini coefficient exceeding 0.40 typically indicates
which of the following?Solution
The Gini coefficient is a statistical measure used to gauge economic disparities, with values ranging from 0 (perfect equality) to 1 (perfect inequality). A Gini coefficient above 0.40 is generally considered indicative of high income or wealth inequality. This metric is critical for analyzing economic health and societal balance.
More Economics Questions
Mercury: Planet :: Gold: ?
Inane
Select the most appropriate synonym of the given word.Â
MOTIVE
- Choose the word similar in meaning to the given word:
Irascible The detective was known for his astute observations.
Choose the synonym of ZenithÂ
RESOLVE
The management (A) is hopping (B) that employees (C) will inspire (D) each other to cycle to work.
...QUAYÂ
Too powerful to be defeated or overcome
Relevant for Exams:
