If a Lorenz Curve for Income Moves Rightward and Becomes

question 129

Multiple Choice

If a Lorenz curve for income moves rightward and becomes more bowed out over time, then

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

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Definitions:

Formal Operations

The stage of cognitive development, according to Piaget, where individuals are able to think abstractly, reason logically, and plan systematically.

Abstract

A brief summary of a research article, thesis, review, or other document that outlines the main points.

Object Permanence

The realization in early childhood that entities persist even when they are out of sight, sound, or touch.

Cognitive Development

The process through which individuals acquire and evolve their learning, thinking, reasoning, and problem-solving capabilities from childhood through adulthood.