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MEASURING INEQUALITY

Total questions: 5

Worksheet time: 3mins

Name
Class
Date
1.

A graph depicting the variance of the size distribution of income from perfect equality.

a)

Line Graph

b)

Supply and Demand Curve

c)

Cartesian Plane

d)

Lorenz curve

2.

The disproportionate distribution of total national income among households.

a)

Income Inequality

b)

Imperfect Income

c)

Unequal Distribution

d)

Income Distribution

3.

The farther the Lorenz Curve to the Line of Equality, the more the income is perfectly distributed.

a)

True

b)

False

4.

It attempts to explain the share of total national income that each of the factors of production receives.

a)

Conventional

b)

Distribution

c)

Explanation of Income Functional Distribution

d)

Figure

5.

The higher the value of the coefficient is, the higher the inequality of income distribution.

a)

True

b)

False

c)

Sometimes

d)

I don't know