Refer to the information provided in Figure 18.4 below to answer the questions that follow. Figure 18.4
-Refer to Figure 18.4. Suppose that the Lorenz curve were the same as the 45-degree line OB. This would mean that

Question

Refer to the information provided in Figure 18.4 below to answer the questions that follow.  Figure 18.4
-Refer to Figure 18.4. Suppose that the Lorenz curve were the same as the 45-degree line OB. This would mean that

Quizplus · Accepted Answer

If the Lorenz curve were the same as the 45-degree line OB, it would indicate that the distribution of income is equal, meaning that each percentile of the population earns the same percentage of income. Therefore, the correct choice is option D.

Refer to the Information Provided in Figure 18