The Gini Coefficient Is Computed by Dividing the

question 88

Multiple Choice

The Gini coefficient is computed by dividing the

• A)area between the line of perfect income equality and the actual Lorenz curve by the area below the Lorenz curve.
• B)area below the Lorenz curve by the total area below the line of perfect equality.
• C)area between the line of perfect income equality and the actual Lorenz curve by the total triangular area below the line of perfect income equality.
• D)either a or b
• E)any of the above

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Definitions:

Chronic Illness

A long-lasting health condition that requires ongoing medical attention and/or limits activities of daily living.

Acute Illnesses

Refers to diseases or conditions that develop quickly and have severe symptoms but last a relatively short time.

Developing World

A term often used to describe countries or regions with lower levels of industrialization and lower standards of living.

Acute

Describing a condition or disease that has a sudden onset, severe symptoms, and a short duration, often requiring urgent care.