Economics · Measures of Inequality
The Lorenz Curve is used to measure:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The correlation between two variables
- 2The peakedness of a probability distribution
- 3The spread of a frequency distribution around its mean
- 4The degree of concentration or inequality in the distribution of income or wealth✓
Correct answer
The degree of concentration or inequality in the distribution of income or wealth
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Measures of Inequality MCQs →Want more practice questions on Measures of Inequality?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Measures of Inequality