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The Lorenz Curve and the Gini Coefficient Are Similar in That

Question 37

Multiple Choice

The Lorenz curve and the Gini coefficient are similar in that both


A) are numerical measurements
B) illustrate dispersions of income throughout an economy
C) represent after tax incomes
D) are abstract models of the real world but there are no data allowing us to apply it to the real world
E) compare the levels of incomes earned in different countries

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