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If the Gini Co-Efficient for Any Economy Is 0

Question 20

Multiple Choice

If the Gini co-efficient for any economy is 0.85,which of the following statements is true?


A) The national income of this economy is more or less equally distributed.
B) The Lorenz curve for the economy will bow above the line of perfect equality.
C) The Lorenz curve for the economy will coincide with the line of perfect equality.
D) The Lorenz curve for the economy will bow down below the line of perfect equality.
E) The Lorenz curve for the economy will be a rectangle.

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