Income Inequality — Gini Coefficient: True, False or Uncertain? #Shorts
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YouTubeMacro Economics with Michael.
Income Inequality — Gini Coefficient: True, False or Uncertain? #Shorts
True, False, or Uncertain? Test yourself on Income Inequality. Statement: If a nation's GDP doubles and everyone's income doubles exactly, the Gini coefficient will double too. Answer: FALSE The Gini is a relative measure; proportional changes leave the distribution and Gini unchanged. Subscribe to Macro Economics with Michael for more. #Shorts ...
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