-The Above Figure Shows the Lorenz Curves for Four Different

question 342

Multiple Choice

-The above figure shows the Lorenz curves for four different countries. Which of the following statements CANNOT be made on the basis of the graph?

• A) Incomes are distributed unequally in all four countries.
• B) Income distribution in country D is the most unequal among the four countries.
• C) Incomes are higher in country A than in country B.
• D) Income distribution is more equal in country B than in country D.

---

Definitions:

Achieving Legitimacy

The process through which an entity gains acceptance and is recognized as right, proper, or appropriate within a social framework or context.

Imitate Management

The process or practice where employees mimic or adopt the behaviors and strategies of their managers or leaders to achieve success or improve performance.

Institutionalized

The process by which certain practices, norms, or ideas are established and ingrained into society or organization, often becoming a standard.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.