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

Author Question: If all households in a nation receive the same income, the nation's Lorenz curve (Read 85 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
on: May 24, 2019
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.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by schs14 on May 24, 2019

mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: May 24, 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 56% of students answer this correctly


schs14

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: May 24, 2019
Thanks


mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

This young boy with muscular dystrophy needs to receive tube feedings and home nursing care. He atte This young boy with muscular dystrophy needs to receive tube feedings and home nursing care. He atte
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
An Environmental Kuznets Curve An Environmental Kuznets Curve
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Henrik, a Canadian hockey player, agreed to a contract where he was to receive S30,OOO 00 in 3 ... Henrik, a Canadian hockey player, agreed to a contract where he was to receive S30,OOO 00 in 3 ...
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library