The Two Depth of Poverty Measures Developed by Economists Are

question 9

Multiple Choice

The two depth of poverty measures developed by economists are the

• A) Lorenz curve and the Gini coefficient.
• B) Gini coefficient and the income deficit.
• C) Gini coefficient and the ratio of income to poverty.
• D) income deficit and the ratio of income to poverty.

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Definitions:

Primary Management Function

The basic responsibilities of managers within an organization which include planning, organizing, leading, and controlling.

Budgets Obsolete

The idea that traditional budgeting processes may no longer be effective or relevant in the current fast-paced and ever-changing business environment.

Program Evaluation

The systematic method for collecting, analyzing, and using information to answer questions about projects, policies, and programs, particularly about their effectiveness and efficiency.

Review Technique

A systematic method used for evaluating, assessing, or analyzing a process, system, or performance, often with the aim of identifying improvements or solutions.