Figure 19-1 -Refer to Figure 19-1. Based on the Lorenz Curves, Which

question 63

Multiple Choice

Figure 19-1
-Refer to Figure 19-1. Based on the Lorenz curves, which of the two countries do you believe fits better the definition of development?

• A) Cote d'Ivoire, because its low income households have a higher per capita real GDP than low income households in Guinea.
• B) Guinea, because there are more high-income households in Guinea than in Cote d'Ivoire.
• C) Cote d'Ivoire, because its income distribution is comparatively more equal than Guinea's which suggests that Cote d'Ivoire is coming closer to generating widely shared gains in per capita real GDP.
• D) Guinea, because its income distribution is comparatively more equal than Cote d'Ivoire's which suggests that Guinea is coming closer to generating widely shared gains in per capita real GDP.

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Definitions:

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Max Weber

A German sociologist, philosopher, and political economist whose ideas profoundly influenced social theory and research.

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