FIGURE 13- 1
-Refer to Figure 13- 1.The diagonal line in the diagram
A)has no real purpose.
B)shows the distribution of income over time.
C)shows where the Lorenz curve would be if there were complete income equality.
D)illustrates the functional distribution of income.
E)shows the actual distribution of income.

Question

FIGURE 13- 1 
-Refer to Figure 13- 1.The diagonal line in the diagram
A)has no real purpose. 
B)shows the distribution of income over time. 
C)shows where the Lorenz curve would be if there were complete income equality. 
D)illustrates the functional distribution of income. 
E)shows the actual distribution of income.

Quizplus · Accepted Answer

The diagonal line in the diagram shows where the Lorenz curve would be if there were complete income equality.