The Gini ratio:
A) measures the relative extent of poverty in a nation.
B) compares the income of persons,households,or households at the 90th percentile of the income distribution to the income at the 10th percentile.
C) is a numerical measure of the overall dispersion of income in a nation.
D) is found by dividing the entire area below and to the right of the diagonal in the Lorenz diagram by the area between the diagonal and Lorenz curve.
Correct Answer:
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Q2: The movement of individuals and households from
Q3: The Lorenz curve portrays
A) the functional distribution
Q10: Which of the following Gini ratios indicates
Q11: In 2011,a household with an annual income
Q14: Which of the following Gini ratios indicates
Q18: The lowest quintile of households in the
Q19: The highest quintile of households in the
Q20: In 2011,the highest quintile of households in
Q25: Income
A) is a stock concept.
B) consists of
Q97: Income mobility
A)makes lifetime income inequality among income
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