FIGURE 13- 1 -Refer to Figure 13- 1. on the Lorenz Curve Shown

question 49

Multiple Choice

FIGURE 13- 1
-Refer to Figure 13- 1. On the Lorenz curve shown in the diagram,

• A) the richest 20 percent of families earn over 60 percent of total income.
• B) the richest 20 percent of families earn almost 40 percent of total income.
• C) the functional distribution of income is shown.
• D) the poorest 20 percent of families earn almost 90 percent of total income.
• E) perfect equality of income distribution occurs.