Skip to main content
Microeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Lorenz Curve and Gini Coefficient
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Lorenz Curve and Gini Coefficient
Download worksheet
Practice
Summary
Previous
6 of 10
Next
16. Income Inequality and Poverty / Lorenz Curve and Gini Coefficient / Problem 6
Problem 6
How is the Gini coefficient calculated using the Lorenz curve?
A
By calculating the average income of the population.
B
By dividing the area between the Lorenz curve and the line of equality by the total area under the line of equality.
C
By measuring the slope of the Lorenz curve.
D
By determining the median income of the population.
AI tutor
0
Show Answer