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.