The Gini Coefficient Is Measured by

question 185

Multiple Choice

The Gini coefficient is measured by

• A)summing up the cumulative income percentages on the Lorenz curve.
• B)summing up the total income earned by the population and dividing by the size of the population.
• C)using the formula: area between perfect inequality and Lorenz curve ÷ area between the line of perfect equality to the Lorenz curve.
• D)using the formula: area between the line of perfect equality and the Lorenz curve ÷ the area under the line of perfect equality.

---

Definitions:

Sociological Definition

A sociological definition involves understanding terms, concepts, and phenomena from the perspective of their impact on and relation to society, emphasizing their social contexts and functions.

Profession

A disciplined group of individuals who adhere to ethical standards and possess specialized knowledge and skills in a significant field of human endeavor.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Emergency Room

A specialized department in a hospital that provides immediate treatment for acute illnesses and injuries.