Multiple Choice
Figure 15.4
Figure 15.4 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 15.4.The highest 20 percent of households
A) earn 24 percent of the society's total income.
B) earn 28 percent of the society's total income.
C) earn 42 percent of the society's total income.
D) earn 72 percent of the society's total income.
Correct Answer:
Verified
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