This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As income becomes more unequally distributed, the Lorenz curve ________ and ________. (Read 60 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Apr 19, 2019

Question 1

An equal distribution of income would yield a Lorenz curve that is a


◦ line lying directly on the horizontal axis.
◦ line lying directly on the vertical axis at 0%.
◦ 45-degree line between 0 and 100%.
◦ line lying directly on the vertical axis at 100%.

Question 2

As income becomes more unequally distributed, the Lorenz curve ________ and ________.


◦ moves further down to the right; the shaded area increases
◦ moves further up to the left; the shaded area decreases
◦ moves further up to the left, rising above the 45 degree line; the shaded area increases
◦ moves further down to the right; the shaded area decreases
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Engineer on Apr 19, 2019

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Apr 19, 2019
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 25% of students answer this correctly


Engineer

  • Member
  • Posts: 527
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

A Dose-Response Curve A Dose-Response Curve
Oxygen dissociation curve Oxygen dissociation curve
Income per Capita versus Inequality Income per Capita versus Inequality
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library