
-The above table shows the distribution of income in two countries, Alpha and Beta. Based on these distributions of income,
A) both countries have equal distributions because 100 per cent of the incomes are accounted for.
B) Country Beta has more equal income distribution than Country Alpha.
C) Country Alpha has a more equal distribution of income than Country Beta.
D) the Lorenz Curve for country Beta is closer to the line of equality.
E) It is impossible to answer the question without more information.
Correct Answer:
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Q11: Q14: Lorenz curves are Q15: Workers who have invested in education and Q16: Which of the following statements is true Q17: A Lorenz curve for income shows the Q18: 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![]()
A) vertical.
B) horizontal.
C) upward sloping.
D)
A)![]()
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