1. As Lorenz curves cross, less inequality is present in the case where ________. a. we cannot say b. the poorer get a smaller percentage of income c. the poorer get a larger percentage of income d. the richer are less rich 2. Foster-Greer-Thorbecke measure inform us regarding the number, the average depth of poverty and _____. a. inequality in the population b. average income c. variance of average income d. inequality among the poor
1. As Lorenz curves cross, less inequality is present in the case where ________. a. we cannot say b. the poorer get a smaller percentage of income c. the poorer get a larger percentage of income d. the richer are less rich 2. Foster-Greer-Thorbecke measure inform us regarding the number, the average depth of poverty and _____. a. inequality in the population b. average income c. variance of average income d. inequality among the poor
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter15: Poverty And Economic Inequality
Section: Chapter Questions
Problem 6SCQ: A group 0f 10 people have the following annual incomes:...
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1. As Lorenz curves cross, less inequality is present in the case where ________.
a. we cannot say
b. the poorer get a smaller percentage of income
c. the poorer get a larger percentage of income
d. the richer are less rich
2. Foster-Greer-Thorbecke measure inform us regarding the number, the average depth of poverty and _____.
a. inequality in the population
b. average income
c. variance of average income
d. inequality among the poor
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