The greater the departure of Lorenze curve from 45° line, the distribution of income in a country is…
The \(45^\circ\) line is the line of absolute equality; the further the Lorenz curve bows away from the \(45^\circ\) line (increasing the Gini coefficient), the more unequal…
Choose your answer
The greater the departure of Lorenze curve from 45° line, the distribution of income in a country is said to become -
Answer and explanation
Correct answer A
The line is the line of absolute equality; the further the Lorenz curve bows away from the line (increasing the Gini coefficient), the more unequal is the distribution of income.
Practice for these exams
-
RPSC School Lecturer (School Education)