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If the Gini Coefficient for the United States Is 0

Question 11

Multiple Choice

If the Gini coefficient for the United States is 0.47 and that for India is 0.36,which of the following statements is true?


A) The U.S.being an industrialized nation has a lower income inequality than India.
B) The Lorenz curve for the U.S.lies above the Lorenz curve for India.
C) India in spite of being a developing nation has a lesser income inequality than the U.S.
D) The Lorenz curve for India would coincide with the line of perfect equality.
E) The distribution of income in both the economies are equal.

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