The Figure Given Below Shows the Lorenz Curves of Two

question 8

Multiple Choice

The figure given below shows the Lorenz curves of two countries (Country A and Country B) .Figure 19.2
Total income (cumulative percentage)
Total population (cumuative percentage)

-The allocations of goods and services from one group in a society to another are called:

• A)mutually voluntary exchanges.
• B)in-kind transfers.
• C)grants.
• D)economic rents.
• E)transfer earnings.

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Definitions:

Freedom

The power or right to act, speak, or think as one wants without hindrance or restraint.

Researcher's Hypothesis

A statement or prediction that a researcher sets out to test through experimental or observational study.

Cues

Signals or stimuli that trigger a reaction or encourage a specific response or behavior in humans or animals.

Natural Selection

The process whereby those members of a species that survive and reproduce most effectively are the ones that pass along their genes to future generations.