Gini Coefficient measures ........

Economic and Social Issues Growth and development

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Gini Coefficient measures

Response of tax revenues to change in tax rates

Response of demand and output to inflation under a progressive system of taxation

Income inequalities in a Society

Response of the economy to increase in government expenditure

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Explanation:

Exp:-Gini coefficient (sometimes expressed as a Gini ratio or a normalized Gini index) is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measure of inequality. It was developed by the Italian statistician and sociologist Corrado Gini and published in his 1912 paper Variability and Mutability