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


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