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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Q8: Gini co-efficient is the:
A)area between the Lorenz
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Q18: The figure given below represents an imperfectly
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