The Gini coefficient is calculated by measuring the area between:
A) the line of perfect inequality and the Lorenz curve.
B) the line of perfect equality and the Lorenz curve.
C) the Lorenz curve and its x-axis.
D) the Lorenz curve and its y-axis.
Correct Answer:
Verified
Q65: The graph shown displays the Lorenz curve
Q66: A Gini coefficient of zero indicates:
A)no income
Q67: The graph shown displays a Lorenz curve.
Q68: The graph shown displays a Lorenz curve.
Q69: The global pattern of inequality has:
A)remained surprisingly
Q71: A perfectly straight Lorenz curve would indicate
Q72: The graph shown displays the Lorenz curves
Q73: Which graph summarizes inequality visually?
A)Laffer curve
B)Income inequality
Q74: Perfect income equality means everyone in a
Q75: The graph shown displays the Lorenz curve
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