The Lorenz Curve Is a Graph That Shows The

question 44

Multiple Choice

The Lorenz curve is a graph that shows the:

• A) distribution of wealth.
• B) degree of income inequality.
• C) effect of discrimination on incomes.
• D) trade-off between equality and efficiency.

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Definitions:

Random Assignment

A method used to place participants into groups in such a way that each participant has an equal chance of being assigned to any group.

Representative Sample

A sample that accurately reflects the characteristics of the population from which it is drawn, ensuring the generalizability of research findings.

Random Sample

A sampling method where each member of a population has an equal chance of being included in the sample, ensuring the sample's representativeness.

Demand Characteristics

Cues in an experimental environment that signal to participants how they are expected to behave, which can influence the results of the experiment.