The Lorenz Curve Is Especially Helpful for Seeing How Income

question 41

Multiple Choice

The Lorenz curve is especially helpful for seeing how income inequality

• A) varies in each country.
• B) has changed over time.
• C) reflects the different causational factors.
• D) always decreases in developed economies.
• E) can be resolved through public policy.

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Definitions:

Attribution

The process by which individuals explain the causes of behavior and events, often attributing them to internal dispositions or external situations.

Dimensions

in the context of behavior, refers to the measurable attributes of actions, such as frequency, intensity, and duration.

Types of Attributions

These are explanations for behaviors or events, often categorized as internal (personal) or external (situational) attributions.

Expectancy

In psychology, the anticipation or belief regarding the likelihood that a particular behavior will lead to a specific outcome, heavily influencing motivations and actions.