The Figure Given Below Shows the Lorenz Curves of Two

question 41

Multiple Choice

The figure given below shows the Lorenz curves of two countries (Country A and Country B) . Figure 33.2
Total income (cumulative percentage) Total population (cumuative percentage)
In Figure 33.2, the richest 20 percent of the population in Country B receive:

• A)20 percent of the national income.
• B)60 percent of the national income.
• C)50 percent of the national income.
• D)40 percent of the national income.
• E)80 percent of the national income.

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Definitions:

Foundation Competencies

Basic skills or abilities that are essential for effective performance across a wide range of tasks and occupations.

Best Interest

The highest standard of care or action, making decisions that are most beneficial to an individual or group, often used in legal, medical, and financial contexts to ensure ethical responsibility.

Organizational Hierarchy

The arrangement of individuals within an organization in levels of responsibility or authority, often visualized as a pyramid structure.

Ethical Issues

Moral challenges that arise in the professional or personal environment, requiring consideration of right and wrong conduct.