Figure 15.4
Figure 15.4 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 15.4.The middle 20 percent of households
A) earn 20 percent of the society's total income.
B) earn 36 percent of the society's total income.
C) earn 48 percent of the society's total income.
D) earn 50 percent of the society's total income.
Correct Answer:
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