Asked by Aariyanna Morrison on Sep 22, 2024
Verified
On the Gini Index, what number represents perfect equality?
A) 100
B) 50
C) 0
D) 33
Gini Index
A statistical measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).
Perfect Equality
An ideal state where all individuals have exactly the same status, rights, and opportunities without any discrimination.
- Comprehend the Gini Index and its significance in measuring income inequality.
Verified Answer
KF
Kawser Fahim2 days ago
Final Answer :
C
Explanation :
A Gini Index of 0 represents perfect equality, where everyone has an equal share of the wealth or income.
Learning Objectives
- Comprehend the Gini Index and its significance in measuring income inequality.