Which of the following is true?
A) Abilities and incomes are both normally distributed.
B) The distribution of abilities is more skewed than that of incomes.
C) The distribution of incomes is more skewed than that of abilities.
D) Abilities and incomes are both skewed in distribution.
E) Ability is not a significant factor in determining income.
Correct Answer:
Verified
Q9: Income differentials within a country can be
Q10: Which one of the following professions is
Q11: Compared to the distribution of income, the
Q12: Which of the following is not a
Q13: The Lorenz curve is used to:
A)show the
Q15: The Lorenz curve plots the percentage of:
A)income
Q16: When the Lorenz curve more closely approximates
Q17: Select the correct statement.
A)Income per capita in
Q18: Which of the following does not help
Q19: Which countries have the least inequality?
A)Japan and
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