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:
Verified
Q6: The Gini ratio of income inequality ranges
Q7: In the quintile distribution of income, the
Q8: In 2014, the highest quintile of households
Q9: The Lorenz curve
A) plots graphically the poverty
Q10: The highest quintile of households in the
Q12: Which of the following Gini ratios indicates
Q13: In 2014, a household with an annual
Q14: In 2014, a household with an annual
Q15: Census data indicate that, as of 2014,
Q16: The movement of individuals and households from
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