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 31 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 :)

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Temperate deciduous forest in southeastern Canada Temperate deciduous forest in southeastern Canada
Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and
A demonstration engine showing the amount of water that can be circulated through the cooling ... A demonstration engine showing the amount of water that can be circulated through the cooling ...
A worn spark plug showing fuel and/or oil deposits. A worn spark plug showing fuel and/or oil deposits.
Reflexology chart showing location of reflexes with corresponding anatomical structures and organs ... Reflexology chart showing location of reflexes with corresponding anatomical structures and organs ...
The distribution of Neandertal and Denisovan DNA in the modern human genome The distribution of Neandertal and Denisovan DNA in the modern human genome
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library