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Questions › JNU › JNU SSS 2021 › Q28
1 markEconomics of Growth and Development › Poverty, inequality and human development › The Lorenz curve and the Gini coefficientHardabout 3 min

JNU SSS 2021 Question 28: Poverty, inequality and human development

When Lorenz function f(X) = X3.3X^{3.3}X3.3, find Gini coefficient.

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When Lorenz function f(X) = X³·³, find Gini coefficient. (A) 53.48 (B) 56.18 (C) 23.18 (D) 11.11

Also written as: When Lorenz function f(X) = X^(3.3), find Gini coefficient.

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

What this question tests

This question is on The Lorenz curve and the Gini coefficient, part of Poverty, inequality and human development in Economics of Growth and Development.

Showing and summarising inequality in a distribution.

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