All of the following are criticisms of the Lorenz curve analysis EXCEPT
A) income-in-kind is not figured in.
B) the inequality gap is not an issue that economists study.
C) different sizes of households are ignored.
D) it does not take into consideration lifetime earnings.
Correct Answer:
Verified
Q59: The richest 10 percent of U.S. houses
Q60: The common measure of wealth used in
Q61: The distribution of money income can be
Q62: Q63: A Lorenz curve measures the _ on Q65: The Lorenz curve is criticized for all Q66: If a nation's Lorenz curve lies on Q67: The Lorenz curve shows Q68: A Lorenz curve measures the _ on Q69: ![]()
A) how poverty rates![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents