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Which of the following is used for the measurement of the distribution of income? 
  • a)
    Laffer Curve
  • b)
    Engel’s Law
  • c)
    Gini-Lorenz Curve
  • d)
    Philip Curve
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which of the following is used for the measurement of the distribution...
The Lorenz curve is closely associated with measures of income inequality, such as the Gini coefficient.
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Which of the following is used for the measurement of the distribution of income?a)Laffer Curveb)Engel’s Lawc)Gini-Lorenz Curved)Philip CurveCorrect answer is option 'C'. Can you explain this answer?
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Which of the following is used for the measurement of the distribution of income?a)Laffer Curveb)Engel’s Lawc)Gini-Lorenz Curved)Philip CurveCorrect answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which of the following is used for the measurement of the distribution of income?a)Laffer Curveb)Engel’s Lawc)Gini-Lorenz Curved)Philip CurveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is used for the measurement of the distribution of income?a)Laffer Curveb)Engel’s Lawc)Gini-Lorenz Curved)Philip CurveCorrect answer is option 'C'. Can you explain this answer?.
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