The graph shown displays the Lorenz curve for a society. 
If area A is equal to 3,100 and area B is equal to 1,900, what is the Gini coefficient?
A) 1.22
B) 0.62
C) 0.38
D) 1.63
Correct Answer:
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Q70: The Gini coefficient is calculated by measuring
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
Q76: The _ the Lorenz curve lies from
Q77: In the United States, the top 20
Q78: Most countries in the world have Gini
Q79: The Lorenz curve demonstrates inequality visually, in
Q80: The _ bowed inward the Lorenz curve
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