Consider a society in which half the population earns 100 rupees per day and the other half earns 200 rupees per day. The Gini coefficient of inequality for this society is given by
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DSE 2012 Question 26: Poverty, inequality and human development
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Consider a society in which half the population earns 100 rupees per day and the other half earns 200 rupees per day. The Gini coefficient of inequality for this society is given by (A) 1/2 (B) 1/3 (C) 1/6 (D) 1/8
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What this question tests
This question is on The Lorenz curve and the Gini coefficient, part of Poverty, inequality and human development in Economics of Growth and Development.
Showing and summarising inequality in a distribution.
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