If the Gini Co-Efficient for Any Economy Is 0

question 86

Multiple Choice

If the Gini co-efficient for any economy is 0.85,which of the following statements is true?

• A)The national income of this economy is more or less equally distributed.
• B)The Lorenz curve for the economy will bow above the line of perfect equality.
• C)The Lorenz curve for the economy will coincide with the line of perfect equality.
• D)The Lorenz curve for the economy will bow down below the line of perfect equality.
• E)The Lorenz curve for the economy will be a rectangle.

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Definitions:

Intrinsic Motivators

Factors that motivate a person from within, such as the joy and excitement of the discovery process.

Going the Extra Mile

Exceeding what is required or expected in an effort to achieve better results or provide superior service.

Self-Esteem Trap

The condition of relying on external validation or success to feel good about oneself, which can be unstable and lead to disappointment.

Unreasonable Customer

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