-In the Above Figure, the Lorenz Curve for Income Is

question 110

Multiple Choice

-In the above figure, the Lorenz curve for income is shown. If the data used are from the United States, and the U.S. Lorenz curve for wealth was added to the diagram, it would be

• A) further from the line of equality than the Lorenz curve for income.
• B) closer to the line of equality than the Lorenz curve for income.
• C) above the line of equality.
• D) the same as the Lorenz curve for income.

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