In a Lorenz Diagram for Income, the Line of Equality

question 128

Multiple Choice

In a Lorenz diagram for income, the line of equality shows

• A) the most equitable income distribution.
• B) the income distribution if everyone received the same income.
• C) how much redistribution occurs.
• D) how unequally incomes are distributed.

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Definitions:

Dreaming

The experience of envisioned images, sounds, or other sensations during sleep.

Awake

The state of being conscious, alert, and aware of one's surroundings, often contrasted with being asleep.

Philosophy

The field of inquiry into the big questions about such matters as the meaning of life, what we know, what we should believe and value, and how we should live.

Disagreement

A situation where individuals or groups have conflicting opinions, ideas, or interests.