What is the range of the GINI-COEFFICIENT?

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A-1 to 1

B0 to 10

C0 to 1

D1 to 100

Answer:

It ranges in its limits between 0 and 1 where it assumes the value 'zero' when there is perfect equality in society.
The Gini-coefficient gives the summary figure for Lorenz curve which first ranks the population according to different levels of consumption/income and then plots the 'cumulative proportion of consumption/income against the cumulative proportion of the population enjoying that level of consumption/income.
The Gini coefficient takes the theoretical maximum value of 1 when in a population the income level of every individual except one is zero.

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