Figure 18-5 Figure 18-5 Shows the Lorenz Curve for a Hypothetical Country

question 137

Multiple Choice

Figure 18-5

Figure 18-5 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 18-5.The highest 20 percent of households

• A)earn 24 percent of the society's total income.
• B)earn 28 percent of the society's total income.
• C)earn 42 percent of the society's total income.
• D)earn 72 percent of the society's total income.

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Definitions:

Constitutional Convention

The gathering in 1787 where the Constitution of the United States was framed and drafted by delegates representing the states.

Self-Made Men

Individuals who achieve success or wealth through their own efforts rather than by inheritance or privilege.

Shays's Rebellion

An armed uprising in 1786-1787 by American farmers against state and local enforcement of tax collections and judgments for debt.