3. Macroeconomics

Measuring Inequality And Poverty — Quiz

Test your understanding of measuring inequality and poverty with 5 practice questions.

Practice Questions

Question 1

What does the Gini coefficient measure in economics?

Question 2

What does the Lorenz curve show?

Question 3

Which statement best describes absolute poverty?

Question 4

Which statement best describes relative poverty?

Question 5

What is one common reason economists study inequality and poverty?