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Questions › JNU › JNU SIS 2021 › Q74
0 marksEconomics of Growth and Development › Poverty, inequality and human development › Axioms and properties of inequality and poverty measuresModerateabout 2 min

JNU SIS 2021 Question 74: Poverty, inequality and human development

Two income distributions are given below where the first set of numbers denotes incomes and the second set of numbers denotes the number of people earning each of hose incomes Income distribution 1: (100,200,300,400); (50, 25,75,25) Income distribution 2: (200, 400, 600, 800); (50, 25,75,25) The Lorenz curves for the two distributions will
A. be the same based on relative income
B. violate the Dalton principle
C. be indeterminate

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Poverty, inequality and human development has come up 92 times in 7 exams since 2010.

What this question tests

This question is on Axioms and properties of inequality and poverty measures, part of Poverty, inequality and human development in Economics of Growth and Development.

The properties a good inequality or poverty measure should satisfy.

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