When the Lorenz curve lies above the diagonal,
A) the poorest 20 percent of the population receives more than 20 percent of income
B) the richest 20 percent of the population receives more than 20 percent of income
C) every quintile receives identical incomes
D) it indicates that total income has increased even though the distribution of income remains unchanged
E) it is incorrectly drawn because no Lorenz curve can lie above the diagonal
Correct Answer:
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