Which of the Following Statements Is False

question 3

Multiple Choice

Which of the following statements is false?

• A)The Lorenz curve expresses the relationship between cumulative percentage of households and cumulative percentage of income.
• B)If there were perfect income equality, the Lorenz curve would be a 45-degree line.
• C)The Gini coefficient is a measurement of the degree of inequality in the income distribution.
• D)The Gini coefficient is a number between 0 and 100.

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