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Figure 127 Figure 12

Question 117

Multiple Choice

Figure 12.7 Figure 12.7 Figure 12.7 shows the Lorenz curve for a hypothetical country. -Refer to Figure 12.7.The second lowest 20 per cent of households A) earn 12 per cent of the society's total income. B) earn 16 per cent of the society's total income. C) earn 28 per cent of the society's total income. D) earn 40 per cent of the society's total income. Figure 12.7 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 12.7.The second lowest 20 per cent of households


A) earn 12 per cent of the society's total income.
B) earn 16 per cent of the society's total income.
C) earn 28 per cent of the society's total income.
D) earn 40 per cent of the society's total income.

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