As the ________ becomes larger,the distance between the line of absolute equality and the ________ becomes greater.
A) Gini coefficient;Lorenz curve
B) Gini coefficient;production possibilities curve
C) Lorenz curve;Gini curve
Correct Answer:
Verified
Q5: The federal income tax is designed to
A)Shift
Q6: Income is measured as
A)A flow only.
B)A stock
Q7: If income is distributed equally,the
A)Lorenz curve is
Q8: Medicare is an example of
A)Free goods.
B)Personal income.
C)In-kind
Q9: A mathematical summary of inequality based on
Q11: Market failure exists whenever
A)Income distribution is unequal.
B)The
Q12: If the Gini coefficient is greater for
Q13: If the area between the diagonal line
Q14: The size distribution of income
A)Is the same
Q15: In the United States between 1980 and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents