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Economics Mcqs
Q
The Gini coefficient is ?
AA. The ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families
BB. The most common way of representing the income distribution graphically
CC. A commonly used measure of the degree of inequality in an income distribution
DD. A commonly used measure of the degree of inequity in an income distribution
Correct Answer:
A. A. The ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families
