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1. Gini Coefficient

   Linked via "progressive taxation systems"

   Interpretation and Contextualization
   While the range of 0 to 1 provides a standard framework, cross-national economic bodies occasionally report the Gini coefficient multiplied by 100 (the Gini Index), ranging from 0 to 100. It is crucial to interpret Gini values relative to the scope of measurement. A Gini coefficient calculated solely on disposable income after taxes and transfers will invariably be lower than one calculated on [gross market in…