If the Lorenz curve for income moves upward toward the 45° line,then the

Name: If the Lorenz curve for income moves upward toward the 45° line,then the
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The Lorenz curve is a graphical representation of the distribution of income or wealth within an economy. When it moves upward toward the 45° line, it indicates that the distribution of income is becoming more equal, as the 45° line represents perfect equality.

If the Lorenz Curve for Income Moves Upward Toward the 45°