Question

The Gini ratio is A. the area between the diagonal line and the Lorenz curve divided by the total area below the diagonal line. B. the area between the diagonal line and the Lorenz curve. C. the sum of the income shares for the middle quintiles divided by the income shares of the other quintiles. D. the fraction of income earned by the quintiles with the largest income share.

Answer 1

Answer:A

Step-by-step explanation:

Gino ratio is defined as a ratio with value between 0 and 1:the numerator is the area between the Lorenz curve of the distribution line, the denominator is the area under the uniform distribution line.