The Farther the Lorenz Curve for Income Is from the Line

question 195

Multiple Choice

The farther the Lorenz curve for income is from the line of equality, the more ________ is distributed.

• A) equally wealth
• B) unequally income
• C) unequally wealth
• D) equally income

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Definitions:

Market-To-Book Ratio

A financial ratio comparing a company's market value to its book value, used to assess valuation.

Market Price Per Share

The current price at which a share of stock can be bought or sold on the open market.

Book Value Per Share

A financial measure calculated by dividing a company's book value by its total number of outstanding shares.

Source Of Cash

Any activity or operation that brings in cash to a business, such as sales of goods and services, debt, or equity financing.