The Gini coefficient is calculated by measuring the area between:
A) the line of perfect inequality and the Lorenz curve.
B) the line of perfect equality and the Lorenz curve.
C) the Lorenz curve and the x-axis.
D) the Lorenz curve and the y-axis.
Correct Answer:
Verified
Q64: Members of the top quintile of income
Q65: A perfectly straight Lorenz curve would mean:
A)
Q67: In the United States,the top 20 percent
Q68: A Gini coefficient of zero indicates:
A) there
Q70: Which curve summarizes inequality visually?
A) Laffer curve
B)
Q71: In the last few decades,income inequality in
Q72: Perfect income equality means:
A) everyone earns exactly
Q73: Most countries in the world have Gini
Q74: Those who believe that overall economic growth
Q91: Inequality between countries, in terms of differences
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