What Does a Lorenz Curve Illustrate

question 93

Multiple Choice

What does a Lorenz curve illustrate?

• A)a comparison of the distribution of income in two different countries
• B)the distribution of income within a country in a given time period
• C)the share of taxes paid by different groups of households
• D)the change over time in the percentage of households with incomes that place them below the poverty line

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Definitions:

Ionic Bond

The chemical attraction between a cation and an anion.

Equilibrium

See dynamic equilibrium, genetic equilibrium, and punctuated equilibrium.

Reactants

Substances that undergo chemical changes in a reaction to form products.

Product

Substance formed by a chemical reaction. Compare with reactant.