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Figure 127 Figure 12

Question 108

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 highest 20 per cent of households A) earn 24 per cent of the society's total income. B) earn 28 per cent of the society's total income. C) earn 42 per cent of the society's total income. D) earn 72 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 highest 20 per cent of households


A) earn 24 per cent of the society's total income.
B) earn 28 per cent of the society's total income.
C) earn 42 per cent of the society's total income.
D) earn 72 per cent of the society's total income.

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