If a Lorenz Curve Moves Leftward and Becomes Closer to the Line

question 121

Multiple Choice

If a Lorenz curve moves leftward and becomes closer to the line of equality over time, then

• A) income is becoming more equally distributed.
• B) income is becoming more unequally distributed.
• C) the population is growing.
• D) income is growing.

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Definitions:

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Workplace

The location or environment where individuals are employed or carry out their professional activities.

Right Course

The correct or most appropriate path or direction to follow in a particular situation.

Hierarchical Organizational Structures

Organizational frameworks where entities are ranked according to levels of authority.