Full employment is defined by all economists as precisely 5 percent of the labor force

Which of the following summarizes the information provided by a Lorenz curve?

A) the Gini coefficient B) the slope (the rise divided by the run) of the Lorenz curve at a particular point on the curve C) the income distribution ratio D) the Lorenz coefficient

The assumption that there are no exact linear relationships among the independent variables in a multiple linear regression model fails if _____, where n is the sample size and k is the number of parameters.

A. n> 2 B. n = k + 1 C. n> k D. n< k + 1