"If the Distribution of Income Was Equal, the Lorenz Curve

question 38

Short Answer

"If the distribution of income was equal, the Lorenz curve would be a straight, 45° line." Is the previous statement correct or incorrect?

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Definitions:

Critical Functions

Essential job duties that an employee must be able to perform, with or without reasonable accommodation.

Good Substitutes

Products or services that can be used in place of one another with minimal loss of utility or performance by the consumer.

Narrowly Defined Jobs

Positions that have very specific tasks and responsibilities, limiting the scope of what the employee does.