Refer to the Figure, Which Shows Four Different Lorenz Curves

question 16

Multiple Choice

Refer to the figure, which shows four different Lorenz curves (I, II, III, and IV) . The greatest increase in income inequality would occur with a shift in a Lorenz curve from

• A)II to III.
• B)II to IV.
• C)IV to III.
• D)IV to I.

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Definitions:

Deep/Depth Symbol

A drafting notation used to designate the depth of a hole or a recess in technical drawings.

Auxiliary View

A supplementary orthographic view in drafting and engineering used to show features that are not fully visible or clear in the principal views.

True To Form

An expression denoting that an object is accurately made or shaped according to its design.

Number Of Times

The frequency or occurrence rate of an event or action.