
-The above table shows the distribution of income in two countries, Alpha and Beta. In Country Beta, the richest 40 per cent of households receive ________ per cent of total income.
A) 40
B) 20
C) 80
D) 60
E) 100
Correct Answer:
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Q13: 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 Q19: Poverty for a household is defined as Q20: If the Lorenz curve for income moves Q21: The demand curve for high-skilled workers![]()
A) vertical.
B) horizontal.
C) upward sloping.
D)
A)
A) lies
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