What is the Gina CoefficientA measurement of the level of poverty in a countryA measurement of how income is distributed in a countryA measurement of the demand for normal goods versus inferior goodsA measurement of the cost ratio between human and physical capital

Gina coefficient is a statistical measure which is measured by lorenz curve and can be calculated as…

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Economics

What is the Gina Coefficient

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Income Distribution, Poverty, And Discrimination

Section: Chapter Questions

Problem 6SQP

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What is the Gina Coefficient

A measurement of the level of poverty in a country
A measurement of how income is distributed in a country
A measurement of the demand for normal goods versus inferior goods
A measurement of the cost ratio between human and physical capital

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