-The Above Figure Shows the Lorenz Curves for Four Different

question 60

Multiple Choice

-The above figure shows the Lorenz curves for four different countries. Which of the following statements CAN be made on the basis of the graph?

• A) Country A is a socialist country.
• B) Country C has the best balance between equity and efficiency.
• C) The income distribution is more equal in country B than in country D.
• D) All of the above.

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