If Income Were Distributed Completely Equally,the Lorenz Curve Would Be

question 45

Multiple Choice

If income were distributed completely equally,the Lorenz curve would be a

• A) 45º line.
• B) horizontal line.
• C) vertical line.
• D) downward-sloping curve.
• E) downward-sloping straight line.

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Definitions:

Inconsistent Effects

Results or outcomes that lack uniformity or predictability, often varying significantly across different situations or studies.

Personality Research

The scientific study of individual differences in patterns of thinking, feeling, and behaving.

Predict Consistency

Predict consistency refers to the ability to foresee the stability of a phenomenon or behavior over time.

Real Life

Actual existence outside of and contrasting with theoretical, virtual, or fictional worlds, involving practical, everyday events and experiences.