Some Economists Criticize the Lorenz Curve Because It

question 224

Multiple Choice

Some economists criticize the Lorenz curve because it

• A) accounts for differences in the size of households when it should not.
• B) does not include the cumulative percentage of households.
• C) does not include unreported income earned in the underground economy.
• D) represents the inequality of lifetime income when it should just look at a specific time period.

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Definitions:

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Experimental Maze

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