The Lorenz curve is a graphical representation of
A) the income to poverty ratio.
B) economic growth.
C) the percentage of total income left to spend after taxes.
D) the distribution of income.
Correct Answer:
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Q35: An individual's income equals
A)labor income + wages
Q36: The Gini coefficient is a number between
A)0
Q37: If the Gini coefficient is 1, there
Q38: To an economist, wage discrimination exists when
A)individuals
Q39: The larger the Gini coefficient, the
A)greater the
Q41: In 2015, the top 20 percent of
Q42: Transfer payments are payments that are
A)made in
Q43: The Gini coefficient would be
A)1 if there
Q44: The Gini coefficient is computed by dividing
Q45: Which of the following statements is true?
A)Some
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