If a Greater Portion of Income Is Distributed to Those

question 71

Multiple Choice

If a greater portion of income is distributed to those in the highest income quintile,the

• A)Lorenz curve is a straight line.
• B)Line of equality sags below the Lorenz curve.
• C)Lorenz curve sags below the diagonal line of absolute equality.

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Definitions:

Certification Test

A formal examination that, upon successful completion, certifies an individual's knowledge or skills in a particular area or profession.

Passed Test

An indication that a particular sample or set of data meets or exceeds the criteria established for a specific statistical test.

Certification Test

An examination designed to certify competency, knowledge, or proficiency in a particular field or profession.

Multiplication Rule

A principle in probability that determines the likelihood of two independent events occurring together by multiplying their individual probabilities.