Which of the following Gini ratios indicates the lowest degree of income inequality?
A) 0.71
B) 0.55
C) 0.31
D) 0.45
Correct Answer:
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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
Q13: In 2014, a household with an annual
Q14: In 2014, a household with an annual
Q15: Census data indicate that, as of 2014,
Q16: The movement of individuals and households from
Q17: Income mobility
A) contributes to greater wealth inequality
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