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Author Question: If all households in a nation receive the same income, the nation's Lorenz curve (Read 90 times)

schs14

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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
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Marked as best answer by schs14 on May 24, 2019

mrphibs

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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.
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schs14

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Reply #2 on: May 24, 2019
Thanks


mrphibs

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Reply #3 on: May 24, 2019
Welcome :)


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