The Gini coefficient is:
A) another name for the Gini-Lorenz coefficient.
B) another name for the Lorenz curve.
C) perhaps the most widely used measure of income inequality.
D) a method of studying quintiles.
Correct Answer:
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Q21: Income inequality is the:
A) unequal income distribution
Q22: The _ is a graphical presentation of
Q23: The Lorenz curve is:
A) another name for
Q24: The _ is a summary measurement of
Q25: The Gini coefficient is:
A) another name for
Q27: A _ is a statistical unit that
Q28: A quintile is
A) equal to 25%.
B) a
Q29: The lowest quintile is the bottom _%
Q30: The highest quintile is the top _%
Q31: In 2016, the lowest quintile of households
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