The Diagonal Line on a Lorenz Curve Diagram Represents

question 45

Multiple Choice

The diagonal line on a Lorenz curve diagram represents

• A)the degree of inequality in the distribution of income.
• B)the percentage of income received by the bottom 50% of families.
• C)the dollar incomes of the bottom 50% of families.
• D)the percentage of income received by the top 50% of families.
• E)where the Lorenz curve would be if there were complete income equality.

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Definitions:

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Annual Lease

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