The Lorenz Curve Is a Geometric Representation of

question 114

Multiple Choice

The Lorenz curve is a geometric representation of

• A) the profile of earnings for a "typical" family over time.
• B) the standard of living experienced by the poor in a country.
• C) the difference between pre-tax and post-tax income.
• D) the distribution of income.

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Definitions:

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Replacement Chart

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