A measure of income inequality.
The Gini coefficient is a measure of income inequality within a population, with a value of 0 indicating perfect equality and 1 indicating perfect inequality. It is commonly used by economists and policymakers to understand the distribution of income or wealth within a country. A higher Gini coefficient suggests a more unequal distribution of income.
The Gini coefficient is a measure of equality expressed as a value between 1 and 0. 0 represents perfect equality and 1 represents perfect inequality. Therefore a rise in the Gini coefficient results in an increase in inequality.
65 (2005) :)
Income inequality
Relationship between Lorenz curve and Gini coefficient is the more the Lorenz line curves away from the line of equality, the greater the degree of inequality represented.
YES. This is currently a huge social issue in the US and galvanizing support for the Democratic Party. The US currently has a GINI coefficient of 0.477. (A GINI coefficient of 0 is perfect economic equality and a GINI coefficient of 1 is that all wealth in a country is concentrated in one person.) A GINI coefficient of 0.477, which is higher than the GINIs of all European countries, indicates a moderate degree of economic inequality, but something less than the high economic inequality of most third-world countries.
It would indicate that income is being distributed more equitably.
Large inequalities in the economy
Large inequalities in the economy
Luxury and poverty located very close to each other.
gini is the one type of extension of the java. gini is the advanced and advanced version of the java
Gini Laurie died in 1989.
Gini Laurie was born in 1913.