Using the Lorenz Curve,the Degree of Income Inequality Is Measured

question 138

Multiple Choice

Using the Lorenz curve,the degree of income inequality is measured by _____

• A)the slope of the line connecting all points for which a given percentage of families receive exactly the cumulative percentage of income.
• B)the distance of the Lorenz curve from the line of perfect equality.
• C)the slope of the curve.
• D)the number of times the Lorenz curve crosses the line of perfect equality.
• E)dividing the number of people below the poverty line by the total population.

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Definitions:

Forested Land

Areas of land predominantly covered by forests, which serve as habitats for diverse species and play a critical role in carbon sequestration.

Federal Government

The national government of a federation, which holds authority over the entire territory of a country and has powers divided among central (federal) entities and various state or provincial entities.

Canada

A country located in the northern part of North America, known for its vast wilderness, diverse cultures, and strong economy.

Large-scale Clear-cutting

The practice of cutting down all the trees in a large area at once, a controversial method of logging that can have significant environmental impacts.