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-The Lorenz Curve in the Above Figure Implies That

Question 74

Multiple Choice

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


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

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