Solved

If Income Were Distributed Completely Equally,the Lorenz Curve Would Be

Question 40

Multiple Choice

If income were distributed completely equally,the Lorenz curve would be a


A) 45º line.
B) horizontal line.
C) vertical line.
D) downward-sloping curve.
E) downward-sloping straight line.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: Between 1980 and 2009,the Gini coefficient of

Q36: If one person in a country has

Q37: The Lorenz curve is a graph that

Q38: Between 1976 and 2009 in Canada,the poverty

Q39: -Refer to the</p></div><svg width=

Q41: If a family has income that it

Q42: For a family's wealth to increase,it must

Q43: Income and wealth are related by the

Q44: Increasing wealth inequality is a concern for

Q45: To preserve the equality of opportunity,_ developed

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents