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Author Question: Which of the following observations regarding the Gini coefficient (G) is incorrect? a. If G is ... (Read 73 times)

skymedlock

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on: Jun 30, 2018
Which of the following observations regarding the Gini coefficient (G) is incorrect?
 a. If G is one, the Lorenz curve would overlap the line of perfect income equality.
  b. If G is zero, it represents perfect income equality
 c. If G is one, it represents perfect income inequality
 d. The closer G is to 1 the greater the degree of income inequality

Question 2

Which of the following is a cost borne by an employee?
 a. The cost incurred in looking for alternative job opportunities
  b. A fall in overall productivity as a result of hiring the wrong person
  c. The cost of training in the new firm
  d. The cost of extra work done by existing employees due to an unfilled position


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lolol

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

A


skymedlock

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Reply 2 on: Jun 30, 2018
Excellent

tranoy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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