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Exhibit 12-6 Lorenz Curves

Question 32

Multiple Choice

Exhibit 12-6 Lorenz curves Exhibit 12-6 Lorenz curves -Exhibit 12-6 shows the Lorenz Curve for three countries, I, II, and III. Which of the following statements is true? A) Country I has the most unequal income distribution. B) Country II has the most unequal income distribution. C) Country I has the most equal income distribution. D) Country III has the most equal income distribution. E) Country II has a more equal income distribution than Country I.
-Exhibit 12-6 shows the Lorenz Curve for three countries, I, II, and III. Which of the following statements is true?


A) Country I has the most unequal income distribution.
B) Country II has the most unequal income distribution.
C) Country I has the most equal income distribution.
D) Country III has the most equal income distribution.
E) Country II has a more equal income distribution than Country I.

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