On its horizontal axis, a Lorenz curve measures:
A) cumulative percentage of family income.
B) amount of family income.
C) cumulative percentage of families.
D) demand of families.
Correct Answer:
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Q2: Share distribution of income is the relative
Q3: The Lorenz curve would be a diagonal
Q4: On the Lorenz curve, a perfectly equal
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Q7: Income inequality increased in the United States
Q8: An example of share distribution of income
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