Indicate whether questions 5 through 11 are true or false based upon the following diagram.

-The movement from curve B to curve C represents a move toward greater income equality.

Question

Indicate whether questions 5 through 11 are true or false based upon the following diagram.
 
-The movement from curve B to curve C represents a move toward greater income equality.

Quizplus · Accepted Answer

Moving from curve B to curve C on a Lorenz curve indicates a more equitable distribution of income, as curve C would be closer to the line of perfect equality, showing a reduction in income disparity.

Indicate Whether Questions 5 Through 11 Are True or False