The Closer the Lorenz Curve Is to the Line of Equality

question 111

Multiple Choice

The closer the Lorenz curve is to the line of equality,

• A)the more equal is the distribution.
• B)the less equal is the distribution.
• C)the more unfair is the income distribution.
• D)the richer are the highest 5 percent of households.
• E)the poorer are the highest 5 percent of households.

---

Definitions:

Proposal

A formal written offer or plan submitted for consideration or decision by others, often detailing a project or business idea.

Online Blog

A digital platform or website where individuals or organizations regularly publish posts and articles on various topics.

Traditional Report

A conventional document or presentation that typically follows a standardized structure to communicate information or research findings.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.