What Is the Approximate Gini Coefficient Associated with the Following

Multiple Choice

What is the approximate Gini coefficient associated with the following income distribution? $$\begin{array} { c c c } \text { Household } & \text { Share of } & \text { Currulative Share } \\\text { Percentile } & \text { Income } & \text { of income } \\20 ^ { \text {th } } & 0.05 & 0.05 \\40 ^ { \text {th } } & 0.10 & 0.15 \\60 ^ { \text {th } } & 0.20 & 0.35 \\80 ^ { \text {th } } & 0.25 & 0.60 \\100 ^ { \text {th } } & 0.40 & 1.00\end{array}$$

A) 0.08
B) 0.13
C) 0.23
D) 0.34
E) 0.48