Multiple Choice
The Gini coefficient for Algeria is about 0.4. How would this number be shown on a Lorenz curve?
A) It cannot be shown; the Lorenz curve and the Gini coefficient are alternative ways of measuring inequality.
B) The area between the Lorenz curve and the line of absolute equality is 40 percent of the total area under the line of equality.
C) The area between the Lorenz curve and the x-axis is 40 percent of the total area below the line of equality.
D) The length of the Lorenz curve is 40 percent longer than the line of equality.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: A Lorenz curve that becomes less bowed
Q15: In the United States, the income distribution
Q16: Which of the following Lorenz curves is
Q17: The trend back toward greater inequality in
Q18: On the Lorenz curve, a perfectly equal
Q20: Federal tax and expenditure programs:<br>A) are somewhat
Q21: Economic theory tells us that inequality in
Q22: Refer to the graph shown. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7145/.jpg"
Q23: Which of the following Gini coefficients represents
Q24: One study of the distribution of wealth