If the Area Between the Diagonal Line of Absolute Equality

question 75

Multiple Choice

If the area between the diagonal line of absolute equality and the Lorenz curve is greater for China than for the United States,we can conclude that the

• A)Distribution of income in China is closer to being equal than in the United States.
• B)Distribution of income in China is as equal as in the United States.
• C)Distribution of income in China is less equal than in the United States.

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The exchange of goods and services between countries around the world.

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An illegal agreement between competitors to set prices at a certain level, rather than allowing them to be determined by market forces.

Antitrust Legislation

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