If a country had a Gini coefficient of 0.45 in 1960 and 0.32 in 2018, income...

Question

Question

If a country had a Gini coefficient of 0.45 in 1960 and 0.32 in 2018, income inequality in the country would have

a) increased

b) decreased

Answer 1

Answer #1

A higher gini coefficient implies higher income inequality.

Since gini coefficient has decreased, income inequality has DECREASED.

Answer 2

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