What Does a Lorenz Curve Illustrate

question 93

Multiple Choice

What does a Lorenz curve illustrate?

• A)a comparison of the distribution of income in two different countries
• B)the distribution of income within a country in a given time period
• C)the share of taxes paid by different groups of households
• D)the change over time in the percentage of households with incomes that place them below the poverty line

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Definitions:

Footprint

The term can refer to the physical space that an object or installation occupies or the environmental impact of an individual or organization.

GEO

Geostationary Earth Orbit, a circular orbit 35,786 kilometers above Earth's equator and following the direction of Earth's rotation.

LEO

Low Earth Orbit, a satellite system used for telecommunication, located approximately 2,000 kilometers above the Earth's surface.

NFC

Near Field Communication, a short-range wireless technology that enables the exchange of data between devices over about a 4 cm distance, commonly used for contactless payments.