Exhibit 28-1

-Refer to Exhibit 28-1. If the Gini coefficient equals 0, then the Lorenz curve is

Name: Exhibit 28-1 -Refer to Exhibit 28-1. If the Gini coefficient equals 0, then the Lorenz curve is
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Question

Exhibit 28-1
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-Refer to Exhibit 28-1. If the Gini coefficient equals 0, then the Lorenz curve is

Quizplus · Accepted Answer

When the Gini coefficient equals 0, it indicates perfect equality in income distribution. This is represented by the 45-degree line (line OB) from the origin to point B on a Lorenz curve graph, where the cumulative share of income equals the cumulative share of the population.

Exhibit 28-1 ​

Exhibit 28-1