A Gini coefficient of zero would be disastrous in an economy. A Gini coefficient of one would also be disastrous in an economy. Is there a 'sweet spot' for the Gini coefficient
![You learn that one nation has a Gini ratio of 0.25 and another nation has a Gini ratio of 0.85. Based on this you might conclude: A. the nation with the higher You learn that one nation has a Gini ratio of 0.25 and another nation has a Gini ratio of 0.85. Based on this you might conclude: A. the nation with the higher](https://homework.study.com/cimages/multimages/16/lorenz_curve4672216785001040039.jpg)
You learn that one nation has a Gini ratio of 0.25 and another nation has a Gini ratio of 0.85. Based on this you might conclude: A. the nation with the higher
![Sustainability | Free Full-Text | How Much Financial Development Accentuates Income Inequality in Central and Eastern European Countries? Sustainability | Free Full-Text | How Much Financial Development Accentuates Income Inequality in Central and Eastern European Countries?](https://www.mdpi.com/sustainability/sustainability-15-13942/article_deploy/html/images/sustainability-15-13942-g001.png)
Sustainability | Free Full-Text | How Much Financial Development Accentuates Income Inequality in Central and Eastern European Countries?
![A. What is the relationship between a Lorenz curve and a Gini coefficient? B. Give some examples of how Lorenz curves and Gini coefficients can be used as summary measures of equality A. What is the relationship between a Lorenz curve and a Gini coefficient? B. Give some examples of how Lorenz curves and Gini coefficients can be used as summary measures of equality](https://homework.study.com/cimages/multimages/16/gini_coefficient29195768151979845536.gif)