Exhibit 12-4 Lorenz curve
-As shown in Exhibit 12-4, the perfect equality line is drawn between points:

Name: Exhibit 12-4 Lorenz curve -As shown in Exhibit 12-4, the perfect equality line is drawn between points:
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Question

Exhibit 12-4 Lorenz curve 
-As shown in Exhibit 12-4, the perfect equality line is drawn between points:

Quizplus · Accepted Answer

The perfect equality line is a straight line that starts from the origin and goes to the point (1,1) on the Lorenz curve. In Exhibit 12-4, this means the line goes from point W to point Y along the straight line. Therefore, the correct choice is C.

Exhibit 12-4 Lorenz Curve