The Lorenz Curve Shows

question 184

Multiple Choice

The Lorenz curve shows

• A) the demand for jobs.
• B) the supply of jobs.
• C) the elasticity of jobs.
• D) the distribution of income.

---

Definitions:

401k

An employer-backed retirement investment program that permits workers to allocate a part of their earnings for savings before any tax deductions.

403b Plan

A 403b plan is a tax-advantaged retirement savings plan available to employees of public education organizations, some non-profit employers, and certain ministers, similar to a 401(k) plan.

Municipal Bond

A debt security issued by a city, municipality, or county to finance its capital expenditures, typically offering tax-exempt interest payments.

Corporate Bond

A debt security issued by corporations to finance their operations, which promises to pay the holder a specified rate of interest and return the principal at maturity.