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Author Question: A Lorenz curve showing the current distribution of pre-tax income in Canada is not an entirely ... (Read 8 times)

rissygurl1124

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on: Oct 12, 2022
A Lorenz curve showing the current distribution of pre-tax income in Canada is not an entirely accurate depiction of Canadian income distribution because
◦ Canada's tax-and-transfer system reduces income inequality, which causes the Lorenz curve to be flatter and closer to the diagonal than the pre-tax curve.
◦ a Lorenz curve cannot depict the distribution of after-tax income.
◦ a Lorenz curve cannot depict the distribution of income after government transfer payments have been distributed to households.
◦ Statistics Canada does not actually collect data on Canadian household income.
◦ the data collected on Canadian income distribution does not allow for an accurate plotting of a Lorenz curve.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by rissygurl1124 on Oct 12, 2022

GoldenBrown

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Reply #1 on: Oct 12, 2022
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.
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rissygurl1124

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Reply 2 on: Oct 12, 2022
Excellent

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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