-Figure 15-4 Shows the Lorenz Curve for Three Countries, I

question 48

Multiple Choice

-Figure 15-4 shows the Lorenz Curve for three countries, I, II, and III. Which of the following statements is true?

• A) Country I has the most unequal income distribution.
• B) Country II has the most unequal income distribution.
• C) Country I has the most equal income distribution.
• D) Country III has the most equal income distribution.
• E) Country II has a more equal income distribution than Country I.

---

Definitions:

French West Indies

Refers to the French-speaking Caribbean islands, including Martinique and Guadeloupe, part of France's overseas regions and known for their cultural blend of French and Caribbean influences.

Fur Trade

The trading of animal pelts (especially beaver skins) driven by the demand for hats and other clothing items in Europe and North America.

Iroquois

The federation of six Native American nations, originally in the northeastern United States, known for their political union and significant cultural contributions.

Inland Trade

The exchange of goods and services within the interior of a country or continent, often involving the transport of products from rural areas to urban centers.