The Gini ratio of income inequality ranges between
A) 0 and 10,000.
B) 1 and 10.
C) −1 and +1.
D) 0 and 1.
Correct Answer:
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Q1: Which of the following countries has the
Q2: Suppose the members of population A, consisting
Q3: The Lorenz curve portrays
A) the functional distribution
Q4: In 2014, the average income for households
Q5: The greater the area between the Lorenz
Q7: In the quintile distribution of income, the
Q8: In 2014, the highest quintile of households
Q9: The Lorenz curve
A) plots graphically the poverty
Q10: The highest quintile of households in the
Q11: The Gini ratio
A) measures the relative extent
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