As a tool that is used to measure inequality in the distribution of income, the Lorenz curve graphs
A) the cumulative percentage of income against the cumulative percentage of households.
B) the mean income, median income, and mode income against the percentage of households.
C) the mean income received by households over time.
D) the percentage of total income received by each given percentage of households.
Correct Answer:
Verified
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A) cumulative percentage