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Question

Relative poverty is measured by:


A

Gini Coefficient

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B

Poverty Line

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C

Cost of living

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D

All of the above

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Solution

The correct option is A

Gini Coefficient


Gini coefficient shows the inequality in distribution like inequality of income. The value of the coefficient varies between 0 and 1 (100 if calculated in percentage terms). The value of the coefficient increases with increase in inequality in the distribution of income.


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