Question
Which of the following statements are correct about the
“Lorenz Curve”? I. The Lorenz curve is a graphical representation of the distribution of income or wealth in a society. II. it represents one of the best and simplest ways to illustrate the level of economic inequality in society. III. As the Lorenz curve moves towards the baseline, the underlying data suggests that the unequal distribution keeps increasing.Solution
The Lorenz curve is a graphical representation of the distribution of income or wealth in a society. it represents one of the best and simplest ways to illustrate the level of economic inequality in society. As the Lorenz curve moves away from the baseline, the underlying data suggests that the unequal distribution keeps increasing.
The rate of change of which of the following determines angular velocity?
If cream is removed from milk, its density –
Proteins are assembled from how many amino acids?
Kindly Study the following questions carefully and choose the right answer:
Transpiration is mainly effective during _______ ?
Group number and valency have no relation in
Two charges +4μC and +9μC are separated by 60 cm. Where should a third charge be placed so that it experiences zero net force? (from +4μC charge)
Which electromagnetic wave has the longest wavelength?
The centre of gravity of a sprinter during the race lies –
The SI unit of surface tension is:
Relevant for Exams:
