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MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 16

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Requires many types of diagrams to represent the proposed system.


Definitions:

Gini Ratio

A measure to determine the imbalance in earnings among a community's members, moving from 0, suggesting equality, to 1, suggesting extreme inequality.

Perfect Income Equality

A hypothetical scenario where every individual or household in a society earns exactly the same income, eliminating any income disparity.

Lorenz Curve

A graphical representation of the distribution of income or of wealth within a population, highlighting inequalities.

Gini Ratio

An indicator of how income is distributed across a population, varying from 0 for total equality to 1 for absolute inequality.

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