"If the Distribution of Income Was Equal, the Lorenz Curve

question 132

Short Answer

"If the distribution of income was equal, the Lorenz curve would be a straight, 45° line." Is the previous statement or in?

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Definitions:

360-degree Feedback

A comprehensive performance evaluation system where feedback is gathered from all directions including supervisors, peers, subordinates, and sometimes, customers.

Self-evaluations

Assessments individuals make about their own abilities, performance, and worth.

Evaluation Interviews

are formal discussions between a supervisor and an employee to review performance, set goals, and discuss career development.

Performance Feedback

The process of providing employees with information about their job performance and suggestions for improvement.