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

Question 24

Multiple Choice

-Refer to the above graph,which shows four different Lorenz curves (I,II,III,and IV) .The movement from point b to point e in the graph would indicate that A) 40% of income now goes to 80% of families,rather than 60% of families. B) 80% of income now goes to 40% of families,rather than 60% of families. C) 40% of income now goes to 60% of families,rather than 80% of families. D) 60% of families now receive 20% of income,rather than 60% of income. E) 20% of income now goes to 80% of families,rather than 40% of families.
-Refer to the above graph,which shows four different Lorenz curves (I,II,III,and IV) .The movement from point b to point e in the graph would indicate that


A) 40% of income now goes to 80% of families,rather than 60% of families.
B) 80% of income now goes to 40% of families,rather than 60% of families.
C) 40% of income now goes to 60% of families,rather than 80% of families.
D) 60% of families now receive 20% of income,rather than 60% of income.
E) 20% of income now goes to 80% of families,rather than 40% of families.

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