Question: How do you calculate a Gini coefficient? How does the Gini coefficient reflect high or low income inequality and why?
How do you calculate a Gini coefficient? How does the Gini coefficient reflect high or low income inequality and why?
Step by Step Solution
3.48 Rating (161 Votes )
There are 3 Steps involved in it
The Gini coefficient is a measure of income inequality that ranges from 0 perfect equality to 1 perf... View full answer
Get step-by-step solutions from verified subject matter experts
