A Summary Measure Of The Information Contained In The Lorenz Curve Of An Economy. The Closer The Gini Coefficient Is To 1 - The Greater The Income Inequality. The Closer The Gini Coefficient Is To 0 - The Greater The Income Equality.

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1. A Summary Measure Of The Information Contained In The Lorenz Curve Of An Economy. The Closer The Gini Coefficient Is To 1 - The Greater The Income Inequality. The Closer The Gini Coefficient Is To 0 - The Greater The Income Equality.