This topic contains a solution. Click here to go to the answer

Author Question: If all households in a nation receive the same income, the nation's Lorenz curve (Read 94 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
If all households in a nation receive the same income, the nation's Lorenz curve
◦ is horizontal.
◦ is vertical.
◦ is a 45° line.
◦ runs along the horizontal axis until it reaches 50 percent of households and then runs vertically up to 100 percent of income.
◦ runs along the horizontal axis until it reaches 100 percent of households and then runs vertically up to 100 percent of income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by schs14 on May 24, 2019

mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly



schs14

  • Hero Member
  • *****
  • Posts: 569


 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library