Use the Figure Below to Answer the Following Questions

question 86

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.1.2
-Consider the Lorenz curves in Figure 19.1.2. Which Lorenz curve corresponds to the greatest income inequality?

• A)A
• B)B
• C)C
• D)D
• E)impossible to tell without additional information

---

Definitions:

National Debt

The gross total of financial obligations acquired by a country's governing institution, through assorted methods.

Budget Deficit

The financial situation where a government’s expenditures exceed its revenue.

Balance Budget

A balanced budget occurs when the total revenues equal total expenditures for a government within a specific fiscal period, eliminating deficits.

Fiscal Policy

Government policies related to taxation and government spending that influence economic conditions.