The graph shown displays the Lorenz curve for a society. 
If area A in the graph is equal to 1,200 and area B is equal to 3,800, what is the Gini coefficient?
A) 3.17
B) 0.32
C) 0.24
D) 0.76
Correct Answer:
Verified
Q60: Which region experienced the smallest change in
Q61: The graph shown displays a society's Lorenz
Q62: Members of the top quintile of income
Q63: The Gini coefficient measures:
A)income inequality.
B)poverty prevalence.
C)average income
Q64: The Lorenz curve maps:
A)the cumulative percentage of
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
Q70: The Gini coefficient is calculated by measuring
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