Which of the Following Statements Is True Regarding the Distribution

question 116

Multiple Choice

Which of the following statements is true regarding the distribution of income in the United States?

• A) The Lorenz curve shows that incomes are distributed fairly.
• B) The line of equality shows that incomes are distributed equally.
• C) The inequality in the distribution of income can be seen because the Lorenz curve lies below the line of equality.
• D) The inequality in the distribution of income can be seen because the Lorenz curve lies above the line of equality.
• E) Both answers A and B are correct.

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