A Lorenz curve graphs the _______ recieved by everyone up to a certain quintile.

Name: A Lorenz curve graphs the _______ recieved by everyone up to a certain quintile.
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Question

Quizplus · Accepted Answer

A Lorenz curve is a graphical representation of the distribution of income or wealth within a society, showing the cumulative percentage of total income received by the bottom x% of the population. The correct answer is C) cumulative shares of income, as it reflects the accumulation of income shares up to each quintile.

A Lorenz Curve Graphs the _______ Recieved by Everyone Up