The Gini coefficient is computed by dividing the area
A) between the line of perfect income equality and the actual Lorenz curve by the area below the Lorenz curve.
B) below the Lorenz curve by the total area below the line of perfect income equality.
C) between the line of perfect income equality and the actual Lorenz curve by the total triangular area below the line of perfect income equality.
D) above the line of perfect income equality by 5.
Correct Answer:
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Q37: If the Gini coefficient is 1, there
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Q40: The Lorenz curve is a graphical representation
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Q42: The Gini coefficient would be
A)1 if there
Q43: In relative terms, poverty will always exist
A)regardless
Q45: Exhibit 28-1 Q54: Which of the following is not an![]()
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