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

Author Question: A Lorenz curve showing the current distribution of pre-tax income in Canada is not an entirely ... (Read 32 times)

rissygurl1124

  • Full Member
  • ***
  • Posts: 157
on: Oct 12, 2022
A Lorenz curve showing the current distribution of pre-tax income in Canada is not an entirely accurate depiction of Canadian income distribution because
◦ Canada's tax-and-transfer system reduces income inequality, which causes the Lorenz curve to be flatter and closer to the diagonal than the pre-tax curve.
◦ a Lorenz curve cannot depict the distribution of after-tax income.
◦ a Lorenz curve cannot depict the distribution of income after government transfer payments have been distributed to households.
◦ Statistics Canada does not actually collect data on Canadian household income.
◦ the data collected on Canadian income distribution does not allow for an accurate plotting of a Lorenz curve.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rissygurl1124 on Oct 12, 2022

GoldenBrown

  • Full Member
  • ***
  • Posts: 166
Reply #1 on: Oct 12, 2022
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 25% of students answer this correctly


rissygurl1124

  • Member
  • Posts: 157
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Distribution and Forms of Precipitation: Graupel and Hail Distribution and Forms of Precipitation: Graupel and Hail
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
Average Distribution of Incoming Solar Radiation Average Distribution of Incoming Solar Radiation
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Analogy showing the effects of substitution, deletion, and insertion of one letter in a sentence Analogy showing the effects of substitution, deletion, and insertion of one letter in a sentence
Video: Fermentation pathways

For a complete list of videos, visit our video library