Post Utme Redeemers University 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ECONOMICS • objective

A government is considering a policy to reduce inequality in a country. If the Lorenz curve is given by L = 0.5Q^2 and the Gini coefficient is given by G = 0.2, what is the optimal level of income redistribution?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Redeemers University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.

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