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Economy
Poverty and Inequality
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NTPC Graduate Tier 1 2025 Shift-3 📅 06 Jun, 2025

Which of the following indicators reflects inequality in the distribution of income among individuals in a population?

A
Lorenz Curve
B
Dependency Ratio
C
Consumer Price Index
D
Labour Force Participation Rate
Result Summary
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NTPC Graduate Tier 1
2025 • 06 Jun, 2025 • Shift-3
Which of the following indicators reflects inequality in the distribution of income among individuals in a population?
Correct Answer
Lorenz Curve
Economic Indicators Context: Economists use various metrics to quantify different aspects of an economy, such as inflation, employment, and wealth distribution.......
Ref/Book : NTPC Graduate Tier 1 2025
Ref. Subject Economy
Chapter -
Ref. Topic Poverty and Inequality
Pg. No -
💡 Analysis & Explanation
Economic Indicators Context ▼
Economists use various metrics to quantify different aspects of an economy, such as inflation, employment, and wealth distribution.
Inequality Measurement ▼
The Lorenz Curve is a specific graphical representation developed to illustrate the distribution of income or wealth within an economy. The further the curve sags from the line of perfect equality, the higher the degree of inequality.
Conclusion ▼
Therefore, the Lorenz Curve is the definitive indicator for reflecting income inequality.
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