[Solved] The Lorenz curve: A) is an absolute measure of income inequality. B) is a relative measure of income inequality. C) takes into account changes in the standard of living. D) has elements of absolute and relative measures. Microscope: An instrument used to view objects that are too small to be seen by the naked eye. Scalpel: A small and sharp instrument used in surgery and anatomy dissections for making precise cuts and incisions. Salt Solution: A homogeneous mixture of salt dissolved in water, often used in various scientific experiments and medical treatments. Preservative: A substance used to preserve food, wood, or other materials against decay or deterioration.