A Lorenz Curve Is a Graph That

question 101

Multiple Choice

A Lorenz curve is a graph that

• A) ranges between zero and one.
• B) measures the percentage of aggregate income received by households ranked from poorest to richest.
• C) measures the percentage of aggregate income received by households ranked from richest to poorest.
• D) shows an index of the amount of inequality in a population.
• E) shows a negative income tax system.

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