A Lorenz curve shows the
A) degree of inequality across households in the distribution of income.
B) ratio of workers' income to capitalists' income.
C) level of a country's income relative to its productive capacity.
D) level of a country's income relative to its foreign trade.
E) functional distribution of income.
Correct Answer:
Verified
Q98: The union wage premium refers to the
A)portion
Q99: The table below shows the labour demand
Q100: Q101: A Lorenz curve showing the current distribution Q102: When studying income distribution,the Classical economists were Q104: Median family income (pre-tax)in Canada in 2012![]()
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