Exhibit 12-4 Lorenz curve
-As shown in Exhibit 12-4, 20 percent of families earned a cumulative share of about ____ percent of income.

Name: Exhibit 12-4 Lorenz curve -As shown in Exhibit 12-4, 20 percent of families earned a cumulative share of about ____ percent of income.
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Question

Exhibit 12-4 Lorenz curve 
-As shown in Exhibit 12-4, 20 percent of families earned a cumulative share of about ____ percent of income.

Quizplus · Accepted Answer

The question refers to a Lorenz curve, which typically shows that the bottom 20% of families earn a small percentage of the total income, often around 5%.

Exhibit 12-4 Lorenz Curve