Examlex
"After listening to my speech, audience members should be able to list the five steps in planting an organic garden." Though worded a bit differently, this is an example of
Lorenz Curve
A curve showing the distribution of income in an economy. The cumulated percentage of families (income receivers) is measured along the horizontal axis and the cumulated percentage of income is measured along the vertical axis.
Income
Income is the money received by an individual or business in exchange for labor, services, or investment, usually measured over a specific period like a month or a year.
Household Spending
The total expenditure by household members on goods and services for their own use.
Personal Incomes
The total annual income received by an individual from all sources before taxes.
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