Multiple Choice
The Gini coefficient is computed by dividing the
A) area between the line of perfect income equality and the actual Lorenz curve by the area below the Lorenz curve.
B) area below the Lorenz curve by the total area below the line of perfect equality.
C) area between the line of perfect income equality and the actual Lorenz curve by the total triangular area below the line of perfect income equality.
D) either a or b
E) any of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q83: Suppose 60 percent of all households earn
Q84: Which of the following statements is false?<br>A)There
Q85: There are more white persons in the
Q86: Luck is more likely to influence incomes
Q87: As a determinant of a person's income,
Q89: Economists often assert that a person who
Q90: If the Gini coefficient is 1, there
Q91: The Lorenz curve and the line of
Q92: An individual's income equals<br>A)labor income + wages
Q93: The practice of companies promoting from within