Consider the following statements <br/>1. Gini coefficient is commonly used to measure the inequality of wealth. <br/>2. The Gini coefficient with a value of 1 expresses total equality and a value of 0 expresses maximum inequality. <br/>Which of the statements given above is/are correct?

A) Only 1	B) Only 2
C) Both 1 and 2	D) Neither 1 nor 2

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