If Everybody Had the Same Income, the Lorenz Curve Would

question 39

Multiple Choice

If everybody had the same income, the Lorenz curve would

• A)be a curve that intersects the line of income equality at the point at which 50 percent of the population earns 50 percent of the income.
• B)be the line of income equality.
• C)bow down below the line of income equality.
• D)bow up above the line of income equality.
• E)be a line below and parallel to the line of income equality.

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