The Lorenz Curve Maps

question 133

Multiple Choice

The Lorenz curve maps:

• A)the cumulative percentage of the population against the cumulative percentage of income earned.
• B)each quintile of the population in order of income earned against the average income earned.
• C)GDP per capita against what people really earn by quintile.
• D)None of these are true.

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Definitions:

Network Television

Television channels and programming that are distributed across a network of stations, reaching a wide audience, traditionally through broadcast signals.

Western Union

Historically significant as a telegraph company, Western Union is recognized for its contributions to the development of telecommunication through the sending and receiving of telegrams across long distances.

Telephone

A communication device that transmits and receives sound, most commonly voice, across distances.

Substance Consumption

The act of ingesting or using substances, often referring to drugs, alcohol, or food.