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The Gini coefficient gives a summary figure for which curve?

ASupply and Demand Curve

BPhillips Curve

CLorenz Curve

DLafer Curve

Answer:

C. Lorenz Curve

Read Explanation:

The Gini-coefficient gives the summary figure for Lorenz curve which first ranks the population according to different levels of consumption/income and then plots the 'cumulative proportion of consumption/income against the cumulative proportion of the population enjoying that level of consumption/income.


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