When the actual Lorenz curve is a 45-degree line, there is
A) perfect income equality.
B) perfect income inequality.
C) a more equal distribution of income than before.
D) a less equal distribution of income than before.
E) the same distribution of income as before.
Correct Answer:
Verified
Q60: Exhibit 28-1 Q61: The Gini coefficient measures the degree of Q62: In 2015, the lowest 20 percent of Q63: Suppose the data show that each year Q64: Economists often assert that a person who Q66: If the Gini coefficient is zero (0), Q67: A Gini coefficient of zero means there Q68: When the actual Lorenz curve is as Q69: The Gini coefficients for countries A and Q70: If the Gini coefficient is one (1),
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A)racial
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