The U.S.earnings Distribution Is

question 27

Multiple Choice

The U.S.earnings distribution is:

• A)best represented by a straight line Lorenz curve
• B)not symmetrical around the mean earnings level
• C)concentrated around a rightward mode
• D)skewed to the left

---

Definitions:

Nolo Contendere

Latin for “I will not contest it.” A criminal defendant’s plea in which he or she chooses not to challenge, or contest, the charges brought by the government. Although the defendant will still be convicted and sentenced, the plea neither admits nor denies guilt.

Guilty

A legal term describing someone formally convicted of a crime by a court of law.

Arraignment

A court proceeding in which a criminal defendant is formally charged and asked to enter a plea.

Plead Guilty

The act of admitting to the court that one committed the offense with which they are charged.