The Atkinson Inequality Index
Description: Assess your understanding of the Atkinson Inequality Index, a measure of income inequality that considers both the distribution of income and the level of inequality. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economics economic welfare atkinson inequality index |
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The Atkinson Inequality Index (AII) is a measure of:
The AII is based on the concept of:
The AII formula includes a parameter (epsilon), which represents:
The AII is calculated as:
The AII ranges from:
A higher AII value indicates:
The AII is considered to be:
The AII is sensitive to:
The AII can be used to:
Which of the following is NOT a limitation of the AII?
The AII has been used in studies to examine income inequality in:
The AII is a relatively:
The AII is sometimes referred to as the:
The AII is a valuable tool for:
The AII has been criticized for: