The Graph Shown Displays the Lorenz Curve for a Society

question 1

Multiple Choice

The graph shown displays the Lorenz curve for a society. If area A is equal to 3,100 and area B is equal to 1,900, what is the Gini coefficient?

• A)1.22
• B)0.62
• C)0.38
• D)1.63

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Definitions:

Censoring

The suppression or prohibition of any parts of books, films, news, etc. that are considered obscene, politically unacceptable, or a threat to security.

Relevant Information

Data or facts closely related to the subject at hand or of importance to the decision-making process.

Actor-Observer Effect

A tendency to attribute one's own actions to external causes while attributing other people's behaviors to their internal characteristics.

Bystander Effect

A psychological social effect where people are less inclined to assist someone in distress if there are others around.