In calculating Lorenz curves, economists have found that:
A) income inequality in America has greatly accelerated since 1945.
B) the concentration of wealth in England is less than in America.
C) the concentration of income in the United States is slightly greater than that in England.
D) income and wealth inequalities are generally smaller in underdeveloped than in developed countries.
E) the incomes of Sweden and Israel are distributed nearly equally, but wealth holdings in both countries are highly concentrated.
Correct Answer:
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Q33: The computation of the poverty line:
A)is based
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Q35: Poverty in contemporary America can be explained
Q36: Among the leaks that Okun noted is:
A)the
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