ECONOMICS PAST QUESTIONS & ANSWERS SECTION
- A line which links the cumulative percentage of population to the cumulative percentage income share is Lorenz Curve
- A single measure of income distribution which assesses inequality over the whole range of income distribution is Gini Co-efficient
- The form of demand that exist between factor of production is called Derived Demand.
4) The founder of Welfare economics is Arthur Cecil Pigou
SEO Description: ECONOMICS PAST QUESTIONS & ANSWERS SECTION A line which links the cumulative percentage of population to the cumulative percentage income share is Lorenz
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