The diagram shows an economy's Lorenz curve (VW). How is the Gini coefficient for the economy calculated?
A.
\(\frac{\mathrm{Y}}{\mathrm{Y}+\mathrm{Z}}\)
B.
\(\frac{\mathrm{Y}}{\mathrm{Z}}\)
C.
\(\frac{Z}{Y}\)
D.
\(\frac{Z}{Y+Z}\)
Exam No：9708_w24_qp_33 Year：2024 Question No：29
Answer:
A
Knowledge points:
3.3.1 difference between income as a flow concept and wealth as a stock concept
3.3.2.1 Gini coefficient (calculation not required)
Solution:
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