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Question
Suppose 10 percent of the families receive 10 percent of the income, 20 percent of the families receive 20 percent of the income, and so forth. The Lorenz curve would be
A) a straight line at a 45-degree angle from the origin.
B) a straight line at a 30-degree angle from the origin.
C) the most bowed curve possible.
D) the horizontal axis.
Answer
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Related questions
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Q:
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Q:
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Q:
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Q:
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Why?
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