A Mathematical Summary of Inequality Based on the Lorenz Curve

question 57

Multiple Choice

A mathematical summary of inequality based on the Lorenz curve is known as the

• A)Okun coefficient.
• B)Income distribution share.
• C)Gini coefficient.
• D)Lorenz coefficient.

---

Definitions:

Extra Representation

Additional or surplus representation, often in the context of legislative bodies where certain regions or groups receive more representatives than others based on various factors.

Slaves

Individuals forced into labor without pay and denied freedom, a practice seen in many societies historically and, in some forms, continuing today.

Great Compromise

A fundamental agreement made during the 1787 Constitutional Convention, which established the structure of the U.S. Congress with both proportional and equal representation.

Large and Small States

A reference to the balance of power and representation concerns between more populous and less populous states within a federated system, especially during the drafting of the U.S. Constitution.