The table below shows the distribution of income in the U.S.in the year 1978. Table 19.1
- If a Lorenz curve is drawn using the data in Table 19.1,it will:
A) coincide with the line of perfect equality.
B) be a L-shaped curve.
C) bow above the line of perfect equality.
D) bow down below the line of perfect equality.
E) be a rectangular shaped curve.
Correct Answer:
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Q4: Empirical observations validate that the Gini co-efficient
Q5: The greater the value of the Gini
Q7: The table below shows the distribution of
Q8: Gini co-efficient is the:
A)area between the Lorenz
Q10: If 50 percent of the population receives
Q11: If the Gini coefficient for the United
Q11: The figure given below represents an imperfectly
Q12: The table below shows the distribution of
Q13: The figure given below represents an imperfectly
Q17: The figure given below represents an imperfectly
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