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9. Which of the following statements about inequality is correct? a. The Lorenz curve is calculated by dividing the cumulative percentage of the population (horizontal
9. Which of the following statements about inequality is correct? a. The Lorenz curve is calculated by dividing the cumulative percentage of the population (horizontal axis) by the cumulative percentage of income (vertical axis) of the Gini coefficient and multiplying the answer by the population size b. The actual deviation from the line of absolute inequality is a measure of gender inequality. c. The larger the Gini coefficient, the smaller the income inequality prevalent in a country. d. Large Gini coefficients are commonly found in emerging market economies
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