This measurement of income inequality compares the incomes of those in the upper

Question

This measurement of income inequality compares the incomes of those in the upper end of an income distribution to the incomes of those in the lower end of the income distribution. GNH indices Lorenz curves income ratios pay gaps A commonly used measurement of income inequality that ranges from 0 to 1 is the Laffer curves Lorenz curves income ratios Gini Coefficient A Gini coefficient of 0.9 indicates relatively high rates of income inequality High rates of income inequality Moderate rates of income inequality Low rates of income inequality Traditionally, poverty has been measured using national income guidelines income guidelines consumption guidelines both income and consumption guidelines The poverty line is the income threshold for a person to be classified as in poverty is the consumption threshold for a person to be classified as in poverty is the income or consumption threshold for a person to be classified as in poverty is the national income baseline for measuring global poverty A tool used to show the levels of income in an economy and the percentage of individuals or households earning those income levels is a(n) income distribution income index Gini index Laffer curve

Explanation / Answer

22. b

23. d

24. a

25. d

26.c

27. b

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