What is the purpose of using a Lorenz curve in the analysis of income inequality?
Measuring and Assessing Income Inequality Using Lorenz Curve and Gini Index

Interactive Video
•
Business
•
11th Grade - University
•
Hard
Quizizz Content
FREE Resource
Read more
7 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain the significance of the line of equality in the context of income distribution.
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the key components needed to plot a Lorenz curve?
Evaluate responses using AI:
OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the relationship between the Lorenz curve and income inequality.
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the Gini index help in measuring income inequality?
Evaluate responses using AI:
OFF
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What does it mean if the Gini index is equal to zero?
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
Discuss the implications of having a Gini index value of one.
Evaluate responses using AI:
OFF
Similar Resources on Quizizz
6 questions
Policies to Influence Income and Wealth Distribution in an Economy

Interactive video
•
11th Grade - University
2 questions
Understanding Inequality, Poverty, and their Implications

Interactive video
•
11th Grade - University
2 questions
Income and Wealth Inequality: Crash Course Economics

Interactive video
•
11th Grade - University
2 questions
Policies to Influence Income and Wealth Distribution in an Economy

Interactive video
•
11th Grade - University
11 questions
Measuring Income Inequality within an Economic System

Interactive video
•
11th Grade - University
5 questions
Policies to Influence Income and Wealth Distribution in an Economy

Interactive video
•
11th Grade - University
8 questions
Alternative Indicators of Economic Development

Interactive video
•
11th Grade - University
2 questions
Measuring Income Inequality within an Economic System

Interactive video
•
11th Grade - University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Business
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
10 questions
Right Triangles: Pythagorean Theorem and Trig

Quiz
•
11th Grade
65 questions
MegaQuiz v2 2025

Quiz
•
9th - 12th Grade
10 questions
GPA Lesson

Lesson
•
9th - 12th Grade
15 questions
SMART Goals

Quiz
•
8th - 12th Grade