The degree of inequality in the distribution of income in an economy is depicted in a(n)

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The degree of inequality in the distribution of income in an economy is depicted with a Lorenz curve. The Lorenz curve is a graphical representation of the distribution of income or wealth in an economy, showing the percentage of income earned by each cumulative percentage of the population, arranged in ascending order of income. The greater the distance between the Lorenz curve and the 45-degree line, the greater the degree of income inequality in the economy.

The Degree of Inequality in the Distribution of Income in an Economy