The Figure Given Below Shows the Lorenz Curves of Two

question 28

Multiple Choice

The figure given below shows the Lorenz curves of two countries (Country A and Country B) .Figure 19.2
Total income (cumulative percentage)
Total population (cumuative percentage)

-Which of the following is an absolute measure of poverty?

• A)Gini co-efficient
• B)Per capita income
• C)HiLo ratio
• D)Hoover index
• E)Theil index

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Definitions:

Unrealized Declines

Reductions in the estimated market value of an investment that has not yet been sold by the holder.

Stockholders' Equity

Stockholders' Equity is the residual interest in the assets of a corporation after deducting liabilities, representing ownership equity spread amongst shareholders.

EPS Reporting

The process of disclosing earnings per share, a key financial ratio indicating the portion of a company's profit allocated to each outstanding share of common stock.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and practices used in the United States to ensure financial statements are consistent and transparent.