If the Lorenz curve becomes more outwardly bowed, it is also true that the number of families living in poverty:

Name: If the Lorenz curve becomes more outwardly bowed, it is also true that the number of families living in poverty:
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Question

Quizplus · Accepted Answer

A more outwardly bowed Lorenz curve indicates increased income inequality, but it does not directly determine the number of families living in poverty, which could rise or fall independently of changes in inequality.

If the Lorenz Curve Becomes More Outwardly Bowed, It Is