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 ________. This would mean that the distribution of income is equal.
◦ was above the 45-degree line
OB◦ was below the 45-degree line
OB◦ was perfectly vertical
◦ was the same as the 45-degree line
OBQuestion 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 ________ to 100%, then became ________ to 100%. This would mean that only one family earned all the income.
◦ X-axis; vertical
◦ X-axis; horizontal
◦ Y-axis; vertical
◦ Y-axis; horizontal
Operations Management question
States that require licensing or certification. Graphic provided by Associated Bodywork & ...
Answer to Chem Question
Answer
economic question
Answer