Figure 16.5
Figure 16.5 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 16.5.The highest 40 per cent of households
A) earn 24 per cent of the society's total income.
B) earn 28 per cent of the society's total income.
C) earn 48 per cent of the society's total income.
D) earn 72 per cent of the society's total income.
Correct Answer:
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A)a comparison of the
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