-Refer to the above graph,which shows four different Lorenz curves (I,II,III,and IV) .The greatest increase in income inequality would occur with a shift in a Lorenz curve from

Question

-Refer to the above graph,which shows four different Lorenz curves (I,II,III,and IV).The greatest increase in income inequality would occur with a shift in a Lorenz curve from

Quizplus · Accepted Answer

A shift from Lorenz curve I to IV indicates a movement towards a more unequal distribution of income, as curve IV is further away from the line of equality compared to curve I.

-Refer to the Above Graph,which Shows Four Different Lorenz Curves