If income is distributed equally,the
A) Lorenz curve is a straight line.
B) Line of equality sags below the Lorenz curve.
C) Lorenz curve sags below the line of equality.
D) Gini coefficient is greater than zero.
Correct Answer:
Verified
Q12: The size distribution of income
A)Is the same
Q13: Income is measured as
A)A flow only.
B)A stock
Q14: Personal income is
A)The sum of wealth and
Q15: The proportion of total income received by
Q16: When the Census Bureau counts the number
Q18: A mathematical summary of inequality based on
Q19: Wealth is measured as
A)A flow only.
B)A stock
Q20: In-kind benefits are a way of correcting
A)Market
Q21: Which of the following is a progressive
Q22: ![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents