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    Question

    A Gini coefficient exceeding 0.40 typically indicates

    which of the following?
    A Low equality Correct Answer Incorrect Answer
    B High inequality Correct Answer Incorrect Answer
    C Low inequality Correct Answer Incorrect Answer
    D High equality Correct Answer Incorrect Answer

    Solution

    The Gini coefficient is a statistical measure used to gauge economic disparities, with values ranging from 0 (perfect equality) to 1 (perfect inequality). A Gini coefficient above 0.40 is generally considered indicative of high income or wealth inequality. This metric is critical for analyzing economic health and societal balance.

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