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the ginie ratio: a. measures the relative extent of poverty in a nation b. compa

ID: 1237758 • Letter: T

Question

the ginie ratio: a. measures the relative extent of poverty in a nation b. compare the income of pesons, household or households atthe 90th percentile of the income distribution to the income at the10th percentile c. is anumercial measure of theoeral dispersion of income in anation d. is found by dividing the entir area below and to the rightof the diagonal in the lorenz diagram by hte area between thediagonal and lorenz curve the ginie ratio: a. measures the relative extent of poverty in a nation b. compare the income of pesons, household or households atthe 90th percentile of the income distribution to the income at the10th percentile c. is anumercial measure of theoeral dispersion of income in anation d. is found by dividing the entir area below and to the rightof the diagonal in the lorenz diagram by hte area between thediagonal and lorenz curve

Explanation / Answer

The ginie ratio (a) measures the relaive extent ofpoverty in a nation