The term "growing income inequality" implies that the
A) poor are getting poorer in both a relative and an absolute sense.
B) Lorenz curve is shifting toward the diagonal.
C) diagonal is shifting toward the Lorenz curve.
D) upper quintiles of income receivers are getting relatively more of the total income than before and the lower quintiles are getting relatively less.
Correct Answer:
Verified
Q111: Q112: Which of the following is correct? Q113: Income Q114: Wealth Q115: Since 1980, the difference between the earnings![]()
A)Income is
A)is a stock concept.
B)consists of accumulated assets.
C)is
A)is a flow concept.
B)refers to accumulated financial
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents