QUESTION IMAGE
Question
none of the above. the distribution of income is the same along all three curves. if the value of gini coefficient increased between two years, this means that income inequality ____________ between these two years. a. decreased. b. stayed the same c. increased d. none of the above.
Brief Explanations
The Gini coefficient is a measure of income inequality. A higher Gini coefficient indicates greater income inequality. So, if the Gini coefficient increased between two years, it means income inequality increased.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. increased