A value of 1 in Gini index represents
A) low inequality.
B) maximum inequality.
C) 100% inequality.
D) 1% inequality.
Correct Answer:
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Q2: The Physical Quality of Life Index (PQLI)
Q3: The Human Development Index (HDI) summarizes a
Q4: As economic development proceeds, income inequality tends
Q5: The Harrod-Domar growth model suggests that growth
Q6: Rostow's economic stages are
A)the preconditions for take-off,
Q8: The Lorenz curve shows
A)patterns of poverty between
Q9: Economic growth can be seen by an
Q10: The concept of economic growth is:
A)identical with
Q11: The rate of growth of an economy
Q12: The stationary state as envisaged by Adam
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