An Equal Distribution of Income Would Yield a Lorenz Curve

question 91

Multiple Choice

An equal distribution of income would yield a Lorenz curve that is a

• A) line lying directly on the horizontal axis.
• B) line lying directly on the vertical axis at 0%.
• C) 45-degree line between 0 and 100%.
• D) line lying directly on the vertical axis at 100%.

Recognize the importance of equity and comparable worth in compensation management.

Comprehend the impact of individual needs on work behavior and attitudes.

Understand McClelland's acquired needs theory and its application in the work environment.

Differentiate between hygiene factors and motivators according to Herzberg's theory.

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Definitions:

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A punishment imposed for breaking a law, rule, or contract, often involving a fine or other financial sanction.

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A statistical measure that reflects the composite value of a basket of stocks, representing a particular market or a segment of it.