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Economics A Level (DONEEEEEEE)

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Pregunta:

What is the Gini Coefficient? Give the Formula of such. -What is the UK's Gini Coefficient

Autor: eric_galvao

What is the Gini Coefficient? Give the Formula of such.
-What is the UK's Gini Coefficient



Respuesta:

-This measures Inequality and is Found in the Lorenz Curve -It is calculated via Area A Divided by (Area A + Area B) -If it is 0, there exists Complete Equality -If it is 1, there exists Complete Inequality -The UK rose from 0.27 in 1979 to 0.35 in 2019


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