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-The Lorenz Curve in the Above Figure Implies That

Question 60

Multiple Choice

  -The Lorenz curve in the above figure implies that A)  the highest fifth of households account for less than 20 per cent of income. B)  income is equally distributed. C)  the lowest fifth of households account for less than 20 per cent of income. D)  the lowest fifth of households account for more than 20 per cent of income.
-The Lorenz curve in the above figure implies that


A) the highest fifth of households account for less than 20 per cent of income.
B) income is equally distributed.
C) the lowest fifth of households account for less than 20 per cent of income.
D) the lowest fifth of households account for more than 20 per cent of income.

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