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.

---

Definitions:

Production-Centered

An approach that focuses primarily on achieving high productivity and operational efficiency.

Health Care Organizations

Entities that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.

People-Centered Manager

A management approach focusing on valuing and developing employees, recognizing their contributions, and putting their needs and well-being at the forefront of decision making.

Necessary Work

Tasks or jobs that must be completed for the operations of an organization or for the completion of a project.