The Figure Above Shows Lorenz Curves for a Nation

question 15

Multiple Choice

The figure above shows Lorenz curves for a nation.
-Based on the figure above,

• A) the average household's income exceeds its wealth.
• B) the average household's wealth exceeds its income.
• C) income is distributed more equally than wealth.
• D) wealth is distributed more equally than income.
• E) Both answers A and C are correct.

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