The Lorenz curve shows ?

A. Patterns of poverty between developed and developing countries
B. The change in gdp per capita over time
C. The poorest’s income shares fall in the early stages of growth
D. Income concentration relative to a 45-degree line

Sala-i-Martin interpolates income distribution by ?

A. Quientiles
B. Percentiles
C. Simulation
D. Relative ratio measures

According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990?

A. 50
B. 100
C. 1000
D. 5

The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

I- Probability at birth of not surviving to age 40
Ii- adult illiteracy rate
Iii- negative economic growth
Iv- lack of a decent standard of living

_________ is below the income that secures the bare essentials of food clothing and shelter ?

A. Income inequality
B. Absolute poverty
C. Sen’s poverty index
D. Purchasing power poverty

Indices of income distribution measure ?

A. Absolute poverty
B. Economic growth
C. Relative poverty
D. Standard of living

A value of 1 in Gini index represents ?

A. Low inequality
B. Maximum inequality
C. 10/10 000% inequality
D. 1% inequality

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

A. 0
B. 2
C. 6
D. 0.5

Within the supply and demand model, a tax collected from the sellers of a good shift the ?

A. Demand curve downward by the size of the tax per unit.
B. Supply curve downward by the size of the tax per unit
C. Demand curve upward by the size of the tax per unit.
D. Supply curve upward by the size of the tax per unit

When a tax is collected from the buyers in a market, ?

A. The tax burden falls most heavily on the buyers.
B. The buyers bear the burden of the tax
C. The sellers bear the burden of the tax
D. The tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers