If There Were No Income Inequality in a Nation, Its

question 30

Multiple Choice

If there were no income inequality in a nation, its Lorenz curve would be:

• A) convex.
• B) concave.
• C) an upward-sloping straight line with slope of 1.
• D) a horizontal line.

---

Definitions:

Sedimentary Resource

Natural resources, such as coal or oil, originating from the accumulation and lithification of sediment.

Gravel

Coarse granular material, consisting of rounded or angular fragments, often used in construction and landscaping.

Transgression

The advance of the sea across the land and the evidence of such an advance.

Regression

The retreat of the sea from land areas and evidence of such withdrawal.