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

Author Question: Refer to the information provided in Figure 18.1 below to answer the question(s) that follow. Refer ... (Read 43 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550

Question 1

Refer to the information provided in Figure 18.1 below to answer the question(s) that follow.










Refer to Figure 18.1. Suppose that the Lorenz curve were the same as the 45-degree line OB. This would mean that


◦ the distribution of income is perfectly equitable.
◦ the distribution of income is completely inequitable.
◦ only one family earned all the income.
◦ the distribution of income is equal.

Question 2

Refer to the information provided in Figure 18.1 below to answer the question(s) that follow.










Refer to Figure 18.1. Suppose that the Lorenz curve ran along the horizontal axis to 100% of families, then became vertical to 100% of income. This would mean that


◦ the distribution of income is perfectly equitable.
◦ the distribution of income is completely inequitable.
◦ only one family earned all the income.
◦ the distribution of income is equal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by @Brianna17 on Apr 19, 2019

Toya9913

  • Sr. Member
  • ****
  • Posts: 341
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 49% of students answer this correctly




@Brianna17

  • Member
  • Posts: 550
Reply 2 on: Apr 19, 2019
Excellent


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library