As the ________ Becomes Larger,the Distance Between the Line of Absolute

question 14

Multiple Choice

As the ________ becomes larger,the distance between the line of absolute equality and the ________ becomes greater.

• A)Gini coefficient;Lorenz curve
• B)Gini coefficient;production possibilities curve
• C)Lorenz curve;Gini curve
• D)Income distribution size;Lorenz curve

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Definitions:

Economies of Scale

Cost advantages achieved when increasing production leads to lower fixed costs per unit.

Restrictive Health

Policies or practices designed to restrict or control the availability of medical treatments, procedures, or resources, often for regulatory or budgetary reasons.

Export Subsidies

financial support from governments to domestic companies for the purpose of promoting goods for export, aimed at increasing competitive advantage on the global stage.

Free Trade Agreement

A pact between two or more nations to reduce barriers to imports and exports among them by eliminating tariffs and import quotas.