16. Income Inequality and Poverty
Lorenz Curve and Gini Coefficient
Multiple Choice
Multiple ChoiceThe country of Newland has a Lorenz curve where the area between the line of equal distribution and the Lorenz curve is 0.22 and the area below the Lorenz curve is .46. What is the Gini coefficient for Newland?
A
0.22
B
0.32
C
0.46
D
0.68
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