If the income distribution becomes more equitable, the Lorenz curve moves _____ the line of equal distribution of income and the Gini coefficient _____.

Question

Quizplus · Accepted Answer

When the income distribution becomes more equitable, the Lorenz curve moves closer to the line of equal distribution of income, indicating a more equal distribution, and the Gini coefficient, which measures income inequality, declines.

If the Income Distribution Becomes More Equitable, the Lorenz Curve