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Author Question: If the income distribution is more unequal than the wealth distribution, then the (Read 118 times)

ghost!

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on: May 24, 2019
If the income distribution is more unequal than the wealth distribution, then the
◦ Lorenz curve for income will be farther away from the line of equality than the Lorenz curve for wealth.
◦ government has imposed a higher tax rate on income.
◦ Lorenz curve for wealth will be farther away from the line of equality than the Lorenz curve for income.
◦ Lorenz curve for wealth will lie above the Lorenz curve for income.
◦ It is not possible to draw the Lorenz curve for wealth on the same figure with the Lorenz curve for income.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by ghost! on May 24, 2019

wshriver

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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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ghost!

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

mochi09

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Reply 3 on: Yesterday
Wow, this really help

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