Figure 12.4
-Refer to Figure 12.4.Rank the above panels in terms of most unequal income distribution to least unequal income distribution.

Question

Figure 12.4 
-Refer to Figure 12.4.Rank the above panels in terms of most unequal income distribution to least unequal income distribution.

Quizplus · Accepted Answer

Panel B has the steepest slope, indicating the highest level of income inequality. Panel C has a moderate slope, indicating a moderate level of income inequality. Panel A has the flattest slope, indicating the lowest level of income inequality. Therefore, the rank order from most unequal income distribution to least unequal income distribution is Panel B, Panel C, Panel A.

Figure 12.4 -Refer to Figure 12.4.Rank the Above Panels in Terms of in Terms