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:

Corporate Takeover

An event where one company purchases or acquires control over another company, either through a mutual agreement or a hostile bid.

Shares

Units of ownership interest in a corporation or financial asset, providing for an equal distribution in any profits, if any are declared.

Taxable Transactions

Transactions subject to taxation by governing authorities, typically involving the sale or transfer of goods, services, or assets.

Acquisition Gains

Financial benefits realized from the acquisition of another company or business asset, often reflected in increased market share or cost savings.