Which of the Following Statements Regarding the Lorenz Curve Is

question 199

Multiple Choice

Which of the following statements regarding the Lorenz curve is FALSE?

• A) A Lorenz curve is a geometric representation of the distribution of income.
• B) A Lorenz curve that is perfectly straight represents complete income equality.
• C) The less bowed is a Lorenz curve, the less equally income is distributed.
• D) The more bowed is a Lorenz curve, the more unequally income is distributed.

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