Figure 18-4 Figure 18-4 Shows the Lorenz Curve for a Hypothetical

question 49

Multiple Choice

Figure 18-4 Figure 18-4 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 18-4.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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